#加密概念美股 Coinbase Becomes S&P Component, Wall Street Officially Admits Defeat
Early this morning, the crypto stock market welcomed an epic positive development—Coinbase (COIN) has been officially 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 also signifies Wall Street's complete capitulation: traditional capital must give way to the pricing power of 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 making up over 60%. This move directly slaps the SEC in the face, especially since last year they sued Coinbase for "illegally operating securities," yet now they tacitly allow it to enter the mainstream.