by: xpoolPosted on:

Coinbase Soars: $16 Billion Expected Boost After Joining S&P 500

Coinbase is set to be a major player in the financial world after joining the prestigious S&P 500 index. This move, triggered by Capital One’s acquisition of Discover Financial Services, creates significant opportunities for Coinbase and its investors. Analysts anticipate a surge in demand, with as much as $16 billion expected to flow into Coinbase shares, thanks to passive investment vehicles and adjustments from active portfolio managers.

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