The first Bitcoin financial services company, Fold Holdings, has been included in the Russell 2000, while MSCI plans to exclude companies with crypto holdings

According to Beincrypto, Bitcoin financial services company Fold Holdings (NASDAQ: FLD) announced on December 22 that it has been included in the U.S. small-cap benchmark index Russell 2000, becoming the first publicly traded Bitcoin financial services company to be selected, currently holding over 1,500 BTC.

At the same time, global index provider MSCI is considering excluding companies with digital asset holdings exceeding 50% of total assets from its indices. According to analysis by JPMorgan, if Strategy is excluded by MSCI, it could face an outflow of $2.8 billion, and if other indices follow suit, the outflow could reach $8.8 billion. The MSCI consultation period will end on January 15, and the final decision will be announced; currently, 38 companies are at risk of exclusion, with a total market capitalization of $46.7 billion.