JPMorgan "Strategy could see up to $2.8 billion in outflows if excluded from MSCI index"

The world's largest investment bank, JPMorgan, warned that large capital outflows could occur if Strategy is excluded from the MSCI index. With the global index rebalancing schedule approaching, it said investors need to be cautious.

On the 20th (local time), crypto-focused media The Block reported that JPMorgan projected in a report that approximately $2.8 billion could flow out if Strategy were excluded from the MSCI index. This figure reflects forced weighting reductions by major passive funds and ETFs.

The report went on to analyze that other index providers excluding Strategy from their index compositions could lead to an additional approximately $8.8 billion in outflows. The MSCI index rebalancing is scheduled for January 15, 2026, and JPMorgan viewed this as an important inflection point for Strategy.

Strategy is one of the crypto-related assets that has been drawing institutional investor interest as trading volatility has recently widened, and whether it is excluded from indices is expected to directly affect short-term supply and demand.