[Weekly News Briefing] MSCI considers removing cryptocurrency asset companies from indices… Concerns over up to 22 trillion KRW sell-off pressure External

1. MSCI considers removing cryptocurrency asset companies from the index… facing up to 22 trillion KRW sell-off pressure

Some analysts point out that if MSCI(MSCI) removes companies with a high proportion of cryptocurrency assets from its index, it could lead to an outflow of up to $15 billion and cause significant market impact. The final decision is expected to be announced in January 2026, which is anticipated to have a major effect on the entire cryptocurrency market.

2. Federal Reserve withdraws restrictions on cryptocurrency businesses

The US Federal Reserve(Fed) has withdrawn previous guidelines restricting cryptocurrency businesses, opening the door for non-FDIC insured banks to enter the crypto market more freely. This is expected to positively impact crypto banks like Custodia Bank.

3. Bitcoin spot ETF net inflow of 678.6 billion KRW… BlackRock and Fidelity lead

The US Bitcoin spot ETF saw a net inflow of 678.6 billion KRW (approximately $459.24 million), ending two consecutive days of net outflows and successfully rebounding. BlackRock and Fidelity led large-scale fund inflows, indicating that institutional investor interest remains strong.

4. JPMorgan launches Ethereum-based tokenized money market fund

JPMorgan has launched a $100 million ETH-based tokenized money market fund, expanding blockchain financial products. This indicates that traditional financial institutions are increasingly accepting digital assets.

5. North Korean hackers stole over $2 billion in cryptocurrency this year… accounting for 59% of all hacking attacks

North Korean hackers have stolen over $2.02 billion in cryptocurrency this year, setting a record high. This accounts for about 59% of the total amount stolen by hackers worldwide, with attack methods evolving to include AI disguise recruitment and malware implantation.

6. US SEC sues Sema Capital and founder Ida Gao for fraud… VC operations effectively terminated

Following SEC litigation, the cryptocurrency venture capital firm Sema Capital has entered liquidation procedures. Founder Ida Gao has decided to resign from her representative role and liquidate the fund.

7. Digital asset investment products see three consecutive weeks of net inflows… $864 million last week

In the past week, digital asset investment products experienced a net inflow of $864 million, marking three consecutive weeks of capital inflows, suggesting improving investor sentiment among institutions.

8. US Senate delays cryptocurrency market structure bill until next year

The US Senate Banking Committee has decided not to hold a markup hearing on the Crypto Market Structure Bill(CLARITY) this year, effectively postponing the bill’s consideration until 2026.

9. Federal Reserve discusses introducing payment accounts for crypto companies

The US Federal Reserve(Fed) has begun soliciting public opinions on the introduction of “payment accounts(payment accounts)” to facilitate crypto companies’ access to the central bank’s payment network.

10. BlackRock deposits large amounts of BTC and ETH into Coinbase

BlackRock has deposited approximately $200 million worth of BTC (2,256.53 coins) and about $220 million worth of ETH (74,973 coins) into Coinbase Prime. Such deposits are often interpreted as potential signals of upcoming sales.