$BTC - Strategy ETF dips 9.6% in first full session post‑MSCI decision.
MSCI announced on Oct 15, after US markets closed, that companies primarily holding Bitcoin face new index criteria.
The fund's shares fell 9.6% on Friday, its first full trading day since the ruling.
It still holds 848,250 BTC, roughly 5,000,000,000 USDT above acquisition cost.
The drop shows investors reacting to regulatory uncertainty, yet the sizable unrealized gain suggests the underlying exposure remains attractive.
#Bitcoin #BTC
MSCI announced on Oct 15, after US markets closed, that companies primarily holding Bitcoin face new index criteria.
The fund's shares fell 9.6% on Friday, its first full trading day since the ruling.
It still holds 848,250 BTC, roughly 5,000,000,000 USDT above acquisition cost.
The drop shows investors reacting to regulatory uncertainty, yet the sizable unrealized gain suggests the underlying exposure remains attractive.
#Bitcoin #BTC