PANews reported on December 22 that, according to Globenewswire, Bitcoin financial services company Fold Holdings, Inc. (NASDAQ: FLD) has been included in the Russell 2000 index. Fold aims to make it easy for users to earn, save, and use Bitcoin through everyday financial tools.
The Russell 2000 index comprises a diversified portfolio of U.S. small-cap stocks, representing approximately 5% to 7% of the total market capitalization of publicly traded stocks in the United States. It is used as a benchmark for the small-cap market by mutual funds, ETFs, and other asset management companies.
