#鲍威尔发言 Coinbase Becomes Component Stock of S&P, Wall Street Officially Admits Defeat

This morning, the crypto US stock market welcomed an epic positive development—Coinbase (COIN) has officially been included in the S&P 500 index, with post-market stock price surging by 10%. This is not only the first time the crypto industry has entered a mainstream financial index, but it also signifies that Wall Street has completely bowed down: Traditional capital must give way to the pricing power of on-chain assets.

Data shows that Coinbase currently has a market capitalization of $65.4 billion, with a custody of 890,000 BTC (accounting for 4% of the circulating supply), and Q1 trading revenue of $1.26 billion, with institutional clients accounting for over 60%. This move directly slaps the SEC in the face, as they sued Coinbase for "operating securities illegally" last year, yet now they tacitly allow its entry.

Core Target: Three Types of Players Frenziedly Absorb Traditional Capital