by: xpoolPosted on:

Coinbase Soars As It Joins S&P 500, Signaling Crypto’s Mainstream Entry

Coinbase (COIN) will join the S&P 500 on May 19th, becoming the first crypto-focused company to be included in this influential benchmark index. This move signifies a significant milestone for both the cryptocurrency industry and its integration into traditional finance. As the largest publicly traded US cryptocurrency exchange, Coinbase’s inclusion marks a watershed moment as it opens doors to trillions in passive investment products, ETFs, pensions, and institutional portfolios. 8% surge in after-hours trading demonstrates this momentum.

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