👉 Passive funds may pull $11.6 billion from companies that treat large crypto holdings as corporate treasuries
👉 Estimated outflows range from $10 billion to $15 billion
👉 MSCI is reviewing a rule that would treat companies holding more than 50% of their assets in digital assets as non-constituents of its broad equity indexes
👉 Companies that are removed from MSCI indexes may be forced to sell shares
👉 Other index providers may copy MSCI's decision
👉 Passive money may be forced to move, affecting the equities and crypto markets