#加密概念美股 ​​Coinbase becomes a component of the S&P, Wall Street officially concedes​​

Early this morning, the crypto stock market received an epic boost—Coinbase (COIN) was officially included in the S&P 500 index, with after-hours stock prices soaring by 10%. This not only marks the first time the crypto industry has entered a mainstream financial index but also signifies that Wall Street has completely bowed down:​​ traditional capital must give way to on-chain assets in pricing rights​​

Data shows that Coinbase currently has a market capitalization of $65.4 billion, with 890,000 BTC held in custody (accounting for 4% of circulation), and Q1 trading revenue of $1.26 billion, with institutional clients making up over 60%. This move directly slaps the SEC in the face, after all, last year they filed a lawsuit against Coinbase for “illegally operating securities,” yet now they tacitly allow its entry.