#加密概念美股

Coinbase Becomes a Component of the S&P, Wall Street Officially Admits Defeat

Early this morning, the crypto stock market welcomed an epic piece of good news—Coinbase (COIN) has officially been included in the S&P 500 index, with after-hours stock price surging by 10%. This not only marks 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 yield pricing power for on-chain assets.

Data shows that Coinbase currently has a market value of $65.4 billion, with a custody of 890,000 BTC (accounting for 4% of circulation), and Q1 trading revenue of $1.26 billion, with institutional clients accounting for over 60%. This move directly counters the SEC, after all, last year they sued Coinbase for 'operating securities illegally', yet now they tacitly allow it to enter the mainstream.