MSCI’s Silent Reclassification: Why the Bitcoin Treasury Thesis Faces Its First Institutional Stress Test
The crowd sees a moon; I see a model. On August 12, 2025, MSCI released a...
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Neutral
Market Sentiment
Block reward halving event
Circulating supply increases by about 2%
92 million ARB released
Team and early investor shares released
Improves data availability sampling efficiency
Independent validator client goes live on mainnet
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$76,573.7 |
| 1 |
Ethereum
ETH
|
$2,452.23 |
| 1 |
Solana
SOL
|
$101.36 |
| 1 |
BNB Chain
BNB
|
$734.9 |
| 1 |
XRP Ledger
XRP
|
$1.3 |
| 1 |
Dogecoin
DOGE
|
$0.0817 |
| 1 |
Cardano
ADA
|
$0.2019 |
| 1 |
Avalanche
AVAX
|
$7.6 |
| 1 |
Polkadot
DOT
|
$1.07 |
| 1 |
Chainlink
LINK
|
$11.37 |