Bitcoin-Holding Companies Avoid MSCI Exclusion but Fail to Stir Market Interest, Automatic Buying Demand May Vanish

On the 6th, global index leader MSCI announced its decision not to exclude companies holding digital assets from its indices, maintaining the inclusion of Bitcoin (BTC) holding companies in its strategies.

While this decision has alleviated market concerns, Bitcoin's price did not react, falling to approximately $9,780 at the time of writing, with a decline of about 1.8% over the past 24 hours.

Regarding this phenomenon, cryptocurrency market analysis firm Bull Theory posted a detailed analysis on X (formerly Twitter) on the 7th. Assuming other market and geopolitical factors are excluded, 'MSCI has removed the risk of exclusion...