#加密概念美股 Coinbase is officially included in the S&P index, Wall Street officially concedes

This morning, the crypto stock market welcomed an epic positive development—Coinbase (COIN) has been officially included in the S&P 500 index, with its after-hours stock price surging by 10%. This not only marks the first time the crypto industry has entered a mainstream financial index, but also signifies Wall Street's complete capitulation:

Traditional capital must give way to on-chain assets' pricing power

According to data, Coinbase currently has a market capitalization 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 making up over 60%. This move directly challenges the SEC, considering they sued Coinbase last year for 'illegally operating securities', yet now tacitly allow its entry into the mainstream.