Bitwise criticizes MSCI proposal to remove Strategy: indices should not abandon neutrality

【Coin World】Asset management giant Bitwise recently voiced its discontent on social media regarding a decision by MSCI. MSCI plans to remove Strategy from the list of investable global market indices, and Bitwise believes this move is problematic.

What is the original purpose of an index? It is to objectively reflect the true state of the market, not to judge whether a company’s business model is good or bad. Bitwise pointed out that MSCI’s recent change breaks the principle of neutrality that an index should have — this is the core issue.

More importantly, the operating model of Strategy and the mechanism of exchange-traded products are completely different, and they cannot be directly compared. Moreover, it must be said that Strategy has indeed created tangible value for shareholders. Bitwise believes that MSCI’s new rules are essentially a disguised restriction on investors’ choices — preventing investors from investing in the broader digital asset category and the top players in this field, which is very unfair to investors.