Good news came on Tuesday. Morgan Stanley Capital International (MSCI) officially announced that digital asset financial companies will not be removed from key market indices. This decision may seem ordinary, but its impact on the crypto market is considered significant.

Previously, the biggest concern in the market was being excluded. If that happened, funds tracking these indices would be forced to sell off large amounts of related company stocks, potentially leading to a capital outflow of up to $15 billion. Can you imagine? A hundred-billion-dollar level of passive funds exiting like a tidal wave, and how much impact that would have on the entire market.

MSCI actually initiated consultations with the investment community as early as October last year. At that time, market fears were running high, mainly because these digital asset companies had somewhat unusual asset allocations — for example, major DAT companies like Strategy had over 50% of their total assets in crypto assets. This high exposure caused many traditional institutions to be cautious.

Now that the decision has been made, what does it mean? It means digital asset companies can continue to attract large passive fund flows. Funds tracking the index will continue to hold positions, and Bitcoin won't have to worry about additional pressure from institutional sell-offs. The market's previous concerns about the potential massive forced sale of Bitcoin can now be completely alleviated.

Interestingly, despite this being a positive news, Bitcoin's short-term price has not shown a significant reaction. It seems traders are still focusing on technical resistance levels and haven't paid much attention to this policy-level good news for now. But in the long run, this decision sends an important signal to the crypto industry — the policy framework is gradually improving, and major index companies' recognition of digital assets is increasing. For the stable development of the industry, this kind of policy certainty itself is very valuable.