Today's explosive news: Companies holding over 50% of their assets in cryptocurrency are getting removed from MSCI. This means the DAT Ponzi scheme model that the crypto world relies on won't work anymore, and the crypto market will turn into one abandoned by big capital. Absolutely do not bottom-fish crypto—it’s not worth it. Go for quality stocks instead! Deep dive: MSCI (Morgan Stanley Capital International), as a leading global index provider, offers indices like MSCI USA and MSCI World, which are widely used in ETFs, mutual funds, and benchmark investments, influencing trillions of dollars in capital flows. Why is MSCI doing this? Key reasons: MSCI believes that these companies (like MicroStrategy, Riot Platforms, etc.) are no longer traditional "operating companies" but are more akin to "investment vehicles" or "funds." The value of these companies primarily depends on their cryptocurrency holdings rather than their core business operations, which goes against the original design of MSCI indices—focusing on real economic activities and equity benchmarks. If the removal takes effect, passive funds tracking MSCI indices (like ETFs) will be forced to sell these stocks. JPMorgan analysts estimate that MicroStrategy alone could face $2.8 billion in sell pressure, with total passive holdings around $9 billion (about 16% of its $56 billion market cap). The overall industry could see $11.6 billion in capital outflows. This could impact other index providers (like Nasdaq 100), amplifying the selling pressure. At the same time, it highlights traditional finance's "segregation" attitude toward crypto assets: crypto is seen as a high-risk speculative tool rather than a mainstream asset.