🏦 Block officially enters the S&P 500, boosting Bitcoin exposure in traditional markets
Block, the parent company of Square, joined the S&P 500 today, opening a new avenue for indirect exposure to Bitcoin, as nearly half of its revenue comes from its crypto business. This move could attract additional institutional flows towards $BTC due to its visibility within pension plans and traditional indices.
🌐 Why is it viral and relevant?
✅ Crypto consolidation in the real economy: now BTC is on the radar of more indexed funds and traditional strategies.
✅ Institutional legitimization: Block acts as a "proxy" vehicle for Bitcoin, reducing entry barriers.
✅ Potential volume: increase in ETFs and indirect flows via indexed investments.
Do you think Block's inclusion in the S&P 500 will accelerate Bitcoin's rally? 👍 if yes, 👎 if no.
