Coinbase to Join S&P 500, Signaling Crypto’s Growing Mainstream Role 🤝
Coinbase will join the S&P 500 on May 19, replacing Discover Financial after its Capital One acquisition. This marks the first time a crypto firm enters the index, signaling broader institutional acceptance. Coinbase shares jumped over 9% following the news, though they remain down 17% for the year. #NewsTrade