Fold Holdings, the first Bitcoin financial services company, was included in the Russell 2000; MSCI plans to exclude crypto holding companies.

According to Mars Finance, citing beincrypto, Bitcoin financial services company Fold Holdings (NASDAQ: FLD) announced on December 22nd that it has been included in the Russell 2000 small-cap benchmark index, becoming the first publicly traded Bitcoin financial services company to be included. It currently holds over 1,500 BTC. Meanwhile, global index provider MSCI is considering excluding companies with digital asset holdings exceeding 50% of their total assets from its indices. According to JPMorgan Chase analysis, if Strategy is removed from MSCI, it could face a $2.8 billion outflow of funds; if other indices follow suit, the outflow could reach $8.8 billion. MSCI's consultation period will end on January 15th, and a final decision will be announced. Currently, 38 companies are at risk of exclusion, with a combined market capitalization of $46.7 billion.