9 Ways MSCI’s Proposed Digital Asset Rule Could Undermine Index Neutrality

A major rule change is being considered by MSCI, one of the most influential index providers in global markets. If adopted, it would materially alter how public companies that hold digital assets—particularly Bitcoin—are classified and included in major equity indexes.

For companies, investors, asset managers, and anyone who depends on index-based benchmarks, this proposal raises fundamental questions about how markets define operating businesses and what role balance sheets should play in index eligibility.

Join the call for MSCI to withdraw its digital asset exclusion rule.

Here’s what’s at stake—and why it matters.

1. MSCI Is Proposing a New 50% Balance-Sheet Threshold

At…

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Solana Flips Ethereum In New Developer Activity: Is SOL The True Consumer Chain For 2026? – Emeren Group (NYSE:SOL)

Solana (CRYPTO: SOL) achieved what seemed impossible just years ago. In the first nine months of 2025, Solana Inc. added 11,534 new developers while Ethereum (CRYPTO: ETH) brought on 16,181, according to Electric Capital’s developer tracker. While Ethereum still leads in total developer count with 31,869 active developers globally, Solana’s 17,708 developers are building something fundamentally different. They’re not focused on complex financial instruments or enterprise blockchain experiments. They’re building payment systems, gaming platforms, and consumer applications that regular people actually use daily.

The Numbers Tell A Consumer Story

While Ethereum maintains its crown for…

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Bitcoin At $92,000 Ethereum, XRP, Dogecoin Continue Recovery

Bitcoin has reclaimed $92,000 as Congress approached the SEC for approving the inclusion of Bitcoin and other cryptocurrencies in 401(k) retirement plans.

Bitcoin ETFs saw $77.3 million in net outflows on Thursday, while Ethereum ETFs reported $42.4 million in net outflows

Market Commentary: Michael van de Poppe noted that Bitcoin remains highly volatile due to thin liquidity, producing sharp swings in both directions.

Even so, the market is forming higher lows, indicating an emerging uptrend that could lead to a breakout in the coming days or weeks.

He added that the most recent sell-off looked more manipulative than organic, and price action appears to be stabilizing as selling pressure…

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Bitcoin Yield 2026: Will Hashrate Become Wall Street’s Next Cash-Flow Market? – Grayscale Bitcoin Trust (BTC) (ARCA:GBTC)

As 2026 approaches, Bitcoin (CRYPTO: BTC) shows a divergence between what the network delivers and how the market prices it. The network has never been more secure, with hashrate at record levels, but the economics of mining remain fragile. Miner rewards are smaller than before, difficulty is higher, and revenue per unit of compute leaves miners with almost nothing after covering basic costs.

In 2021, investors saw a similar pattern in premium-based Grayscale Bitcoin Trust (NYSE:GBTC) trades, which were viewed as reliable BTC-linked yield until the trust premium collapsed and liquidity reversed. So to avoid repeating that cycle, Bitcoin income must be tied to the compute that secures the…

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Tim Scott Highlights ‘Real Progress’ On Crypto Bill After Democrats Question Stablecoin Yields, Elected Officials’ Digital Asset Activities

Senate Banking Committee Chair Sen. Tim Scott (R-S.C.) said that efforts to pass the cryptocurrency market structure legislation are making “real progress,” according to a report published Thursday.

Scott Meets Top Banking Execs

The senior lawmaker met with the CEOs of Bank of America, Citi, and Wells Fargo to discuss the key legislation that aims to create a federal framework for regulating digital assets, reported The Block.

Scott said that “real progress” is being made to pass the bill to establish the U.S. as the world’s “cryptocurrency capital.” He added that lawmakers on the Senate Banking Committee have received “valuable” feedback from the banking and…

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What Is A Bitcoin Treasury Company?

Bitcoin is no longer just a grassroots monetary revolution. It’s in the process of moving from the periphery of finance into its centre. The rise of Bitcoin treasury companies is a major force behind this shift. These are firms that accumulate bitcoin not as a side bet, but as a core balance sheet holding. In doing so, they provide access to capital markets, offer yield-bearing instruments, and reshape how companies think about monetary preservation.

This article explores what Bitcoin treasury companies are, how they operate, and why their emergence matters, for both corporate finance and Bitcoin’s long-term trajectory.

Key Takeaways Bitcoin treasury companies hold bitcoin as a… Read more on BitcoinMagazine

Terra Founder Do Kwon Receives 15-Year Prison Sentence For ‘Epic’ $40 Billion Crypto Fraud

Cryptocurrency fraudster Do Kwon was handed a 15-year prison sentence Thursday for abetting the infamous Terra (CRYPTO: LUNA) collapse that triggered one of the market’s worst crashes.

‘A Generational Fraud’

U.S. District Judge Paul A. Engelmayer, who pronounced the sentence, slammed Kwon for repeatedly deceiving investors who had invested their life savings with him, according to Reuters.

The judge described the fraud as “epic” and “generational,” asserting that few frauds in the history of federal prosecution have inflicted as much harm.

During a hearing at the Manhattan federal court, Kwon expressed regret for his actions and apologized to the victims for the “great”…

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Fixing crypto’s broken investor relations

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

Macro finally reminded crypto that it still matters. 

The Fed delivered the expected 25 bps cut but signaled a much tighter path ahead, projecting only one cut for all of next year. That was enough to knock BTC off its early strength and reinforce the idea that liquidity is not opening as quickly as many had hoped. 

At the same time, the Perp Wars are heating up as Aster and Lighter chip away at Hyperliquid’s dominance, and the gap between crypto’s cash flows and its investor relations infrastructure is becoming too big to ignore.

Indices

Markets saw a clear split yesterday…

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CFTC Cuts ‘Outdated And Overly Complex’ Crypto Guidance

The Commodity Futures Trading Commission (CFTC) is rolling back legacy policy on digital assets, marking another step in its reorientation toward regulated crypto markets. 

Acting CFTC Chairman Caroline D. Pham said the agency is withdrawing its years-old guidance on the “actual delivery” of virtual currencies, a document that had shaped how firms could custody and settle digital asset transactions since 2020.

The decision clears a path for new guidance that reflects the rise of tokenized markets, recent legislation and the CFTC’s growing oversight of spot crypto trading.

“Eliminating outdated and overly complex guidance that penalizes the crypto industry and stifles…

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