Bitcoin financial company Fold received index treatment, but was viewed differently by MSCI.

2025-12-23 00:40:12

Abstract generation in progress

Interesting things are happening in the crypto world. Fold Holdings, which focuses on Bitcoin consumer finance, has recently been officially included in the Russell 2000 small-cap index, and the company holds over 1500 Bitcoins on its balance sheet. It looks like things are about to get bright.

But the wind is blowing differently on the other side. MSCI is conducting a review action, and the logic is quite straightforward — anyone whose cryptocurrency asset ratio exceeds 50% can forget about continuing to lie in their benchmark index. With this cut, many companies in the industry will be affected.

One enters, one retreats, yet both are talking about Bitcoin, but the attitudes are completely different. Behind this reflects the diverging attitudes of traditional financial institutions towards crypto assets: some are starting to accept them, while others are still on guard. For this industry, what does this change in signals mean? It's worth pondering.

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TokenTherapist

· 12-23 00:57

In and out, this is the true portrayal of TradFi. Fold has been brought up by Russell, but MSCI is wielding a knife. To put it bluntly, isn't this just a mutual struggle? Holding 1500 BTC in hand, waiting to be chopped? A bit precarious. That's how TradFi is, saying they embrace it with their mouths, but defending themselves with their hands. I really don't understand. But on the other hand, being able to enter Russell means the path is right, and MSCI's knife won't be fatal; it just depends on whose influence is greater.

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NftDeepBreather

· 12-23 00:50

With Russell in the left hand and MSCI in the right, it's all about double standards. TradFi really knows how to put on a show; to put it bluntly, it's still a game of interests, don't believe in any attitude differentiation. 1500 Bitcoins are indeed eye-catching, but this wheel turns fast, who knows what's next? This operation looks comfortable, but in reality, the threshold has become higher. MSCI's knife is really sharp; the 50% red line is meant to push people out. A good signal is indeed good, but I'm afraid it's just an illusion. One step in, one step out; TradFi loves this routine, a trick that keeps people guessing.

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DegenGambler

· 12-23 00:49

Russell is in, MSCI is out, this is the double standard of TradFi. --- Welcoming with one hand and driving away with the other, what can we do, we still have to look at their faces in this industry. --- Holding 1500 BTC in hand, yet still being choked by MSCI, this is ridiculous. --- Let the differentiation happen, anyway, we still have our own path to walk. --- A cut-off red line of 50%, how many projects are going to be collateral damage? --- Wait, is Fold really going to take off? Or is it the most awkward to be caught in the middle? --- This attitude contrast, it feels like TradFi still hasn't figured out how to treat us.

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ProxyCollector

· 12-23 00:41

Russell and MSCI are each playing their own game, fighting each other here. MSCI's move is really ruthless, a blunt cut at a fifty-fifty ratio, aiming to drive all the large investors out. Fold holding 1500 Bitcoins has become an advantage? This logic is intoxicating. TradFi is just like this, talking about acceptance while still playing games. If you ask me, the stark contrast in the index's attitude shows that the mainstream hasn't figured out how to coexist with encryption yet.

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