This is a win for Coinbase and a sign that crypto is moving further into the financial mainstream. After the announcement, Coinbase’s stock surged 9% in after-hours trading, reflecting the market’s excitement.
Why Coinbase’s S&P 500 Entry Matters for Crypto
JUST IN: Coinbase to join S&P 500
pic.twitter.com/bF5F1njTMR
— Bitcoin Magazine (@BitcoinMagazine) May 12, 2025
What This Means for the Future of Crypto Investing
Coinbase Global Set to Join S&P 500
Stock +9% after hours.
The S&P 500 is the Bitcoin of stock indices: most trusted, most tracked, & the ultimate passive flows magnet. With at least $5T tracking it & assuming a ~0.2% weight, index funds will be buyers of ~$10B+ $COIN. pic.twitter.com/yL4AHcTsj5
— matthew sigel, recovering CFA (@matthew_sigel) May 12, 2025
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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