Msci

MSCI has opened a consultation on rules that could exclude non-operating companies from its Global Investable Market Indexes. The proposal may affect bitcoin treasury firms including Strategy and Metaplanet if adopted in a future index review.

Bitcoin and XRP are struggling as crypto markets absorb stalled regulatory progress, renewed spot bitcoin ETF outflows and pressure from rising long-term yields. Despite the weak backdrop, some market participants continue to watch for a stronger move in the final months of the year.