Bitwise Criticizes MSCI's Proposed Changes to Global Investable Market Index

According to Odaily, digital asset management firm Bitwise has expressed disappointment over MSCI's proposal to remove Strategy from its Global Investable Market Index. Bitwise argues that the index should accurately reflect the market without evaluating specific business models and should maintain neutrality. The firm believes that exchange-traded products cannot replicate Strategy's operational approach and that Strategy has created value for its shareholders. Bitwise contends that MSCI's proposed rule changes would deprive investors of opportunities to invest in the digital asset sector and its leading companies, putting them at a disadvantage.