A significant shift could be coming to the Nasdaq-100 index.
Senior Bloomberg ETF analysts James Seyffart and Eric Balchunas broke down the numbers Thursday, projecting that MicroStrategy’s inclusion would make it the 40th largest holding in the index with an estimated 0.47% weighting.
An official announcement is expected on December 13, with implementation scheduled for the following week, the analysts noted.
Seyffart claims at least “$2.1 billion in shares by ETFs” would follow the inclusion, adding that this represents “about 20% of daily volume,” according to a shared note.
The analyst also said while MicroStrategy’s inclusion in the S&P 500 is challenging due to profitability requirements, upcoming Bitcoin accounting changes could open that door by 2025.
While its inclusion is not guaranteed, it is the “best est
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Author: Vince Dioquino
