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MSCI issued a statement saying that it has currently decided not to implement the proposal to exclude digital asset treasury companies (DATCOs) from the MSCI Global Investable Market Index (MSCI Index) during the 2026 February index review.
MSCI plans to initiate a broader consultation regarding the treatment of general non-operating companies. This broader review aims to ensure consistency and to continue aligning with MSCI Indexes' overall objectives, which is to measure the performance of operating companies and exclude entities whose primary activities are fundamentally investment-oriented.
Distinguishing investment companies from other companies (those that hold non-operating assets such as digital assets as part of their core operations, rather than for investment purposes) requires further research and consultation with market participants. For example, assessing the index eligibility of such entities may require additional inclusion criteria, such as financial statement-based metrics or other indicators.
As a result of this news, Strategy (MSTR) rose 6.58% after market hours. {future}(SPKUSDT)
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According to a report by TechFlow, on December 30, ETF issuer Defiance announced the launch of the Defiance Daily Target 2X Long BITF ETF (BTFL), which tracks the Bitcoin mining company Bitfarms. It is aimed at traders seeking to amplify short-term bullish returns from Bitfarms, with the goal of achieving 200% of the daily price fluctuations of Bitfarms as a return. $BTC