#加密概念美股 ​​Coinbase becomes a component of the S&P 500, Wall Street officially concedes​​

Early this morning, the crypto stock market welcomed an epic good news—Coinbase (COIN) has been officially included in the S&P 500 index, with an after-hours stock price surge of 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 pricing power for 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 circulation), and Q1 trading revenue of $1.26 billion, with institutional clients accounting for over 60%. This move directly slaps the SEC in the face, after all, they sued Coinbase last year for “operating securities illegally,” yet now they tacitly allow it to enter the fold.