Summary
- Analyst Eric Balchunas reported that Strategy's S&P500 inclusion failure appears to be due to the committee's rejection.
- He said Strategy met all the requirements but was not included in the S&P500 index.
- He explained that the S&P500 is an active fund in which a committee that operates in secret selects the stocks.
Strategy's failed inclusion in the S&P500 index appears to be due to the rejection by the committee responsible for calculating the index.
On the 6th (local time), Eric Balchunas, a Bloomberg analyst, said on X, "Although Strategy met all the requirements, it was not included in the S&P500 index because the committee responsible for calculating the index rejected it."
He added, "The S&P500 is, in fact, a kind of active fund in which a committee that operates in secret actively selects the stocks."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
![[Exclusive] “Airdrops also taxable”... Authorities to adopt a ‘comprehensive approach’ to virtual assets](https://media.bloomingbit.io/PROD/news/4bde9dab-09bd-4214-a61e-f6dbf5aacdfb.webp?w=250)
