{"id":3347,"date":"2025-05-12T23:16:21","date_gmt":"2025-05-12T23:16:21","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/05\/12\/coinbase-becomes-first-bitcoin-and-crypto-company-to-join-the-sp-500\/"},"modified":"2025-05-12T23:16:21","modified_gmt":"2025-05-12T23:16:21","slug":"coinbase-becomes-first-bitcoin-and-crypto-company-to-join-the-sp-500","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/05\/12\/coinbase-becomes-first-bitcoin-and-crypto-company-to-join-the-sp-500\/","title":{"rendered":"Coinbase Becomes First Bitcoin And Crypto Company To Join The S&P 500"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Coinbase Becomes First Bitcoin And Crypto Company To Join The S&P 500<\/a><\/p>\n

<\/div>\n

Coinbase Global Inc.<\/a> (NASDAQ: COIN) is officially joining<\/a> the S&P 500 starting May 19. It will replace Discover Financial Services (NYSE: DFS), which is being acquired by Capital One Financial (NYSE: COF), an existing member of the index.<\/p>\n

\n

JUST IN: Coinbase to join S&P 500 pic.twitter.com\/bF5F1njTMR<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) May 12, 2025<\/a>\n<\/p><\/div>\n

This is a big move for Coinbase and an even bigger signal for Bitcoin<\/a>. For a crypto company to be added to one of the most important indexes in the U.S. shows how far this industry has come. It\u2019s not just hype anymore\u2014it\u2019s becoming a real part of the traditional financial system.<\/p>\n

\u201cThank you to everyone who made it possible for a crypto company to join the S&P 500 for the first time in history,\u201d Coinbase posted<\/a> on their X account.<\/p>\n

To get into the S&P 500, a company needs to meet a few strict requirements. They need a market cap of at least $18 billion, have most of their shares held by the public, be profitable over the last four quarters, and be listed on a U.S. exchange. Coinbase checks all of those boxes, with a market cap over $40 billion and solid recent earnings.<\/p>\n

Once Coinbase is added, every fund that tracks the S&P 500 will need to include it in their portfolios. That means more demand for the stock, which could push the price up in the short term. But even more important, it brings more exposure and credibility to the entire crypto space.<\/p>\n

\u201cCongratulations Brian Armstrong on $COIN being added to the S&P 500 Index,\u201d said<\/a> Strategy Executive Chairman Michael Saylor. \u201cA major milestone for Coinbase and for Bitcoin.\u201d<\/p>\n

Now let\u2019s talk about Bitcoin. Coinbase<\/a> is one of the top platforms people use to buy and sell Bitcoin. Having it in the S&P 500 makes Bitcoin exposure more accessible to traditional investors. It also helps reduce the idea that Bitcoin and crypto are just some risky gamble.<\/p>\n

\n

NEW: #Bitcoin<\/a> has significantly outperformed the S&P 500 over the past 14 years. pic.twitter.com\/mdBhIZSbor<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) April 14, 2025<\/a>\n<\/p><\/div>\n

And the numbers speak for themselves. Over the past 14 years, Bitcoin has outperformed the S&P 500 and gold by a huge margin. Since 2010, Bitcoin has surged a staggering 7,200,000%, compared to the S&P 500\u2019s 306% and gold\u2019s 116%. Even when looking at shorter timeframes, Bitcoin consistently beats both. For instance, in the past year, Bitcoin is up 27%, while gold is up 37%, and the S&P 500 is only up 5%. In the last five years, Bitcoin has gained 1,138%, far surpassing gold\u2019s 85% and the S&P 500\u2019s 92%.<\/p>\n

\n

As the saying goes\u2026<\/p>\n

\u201cFirst they ignore you.
Then they laugh at you.
Then they fight you.
Then they add you to the S&P 500.\u201d<\/p>\n

\u2026or something like that.<\/p>\n

\u2014 Coinbase (@coinbase) May 12, 2025<\/a>\n<\/p><\/div>\n\n

This post Coinbase Becomes First Bitcoin And Crypto Company To Join The S&P 500<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Oscar Zarraga Perez<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Coinbase Becomes First Bitcoin And Crypto Company To Join The S&P 500 Coinbase Global Inc. (NASDAQ: COIN) is officially joining the S&P 500 starting May 19. It will replace Discover Financial Services (NYSE: DFS), which is being acquired by Capital One Financial (NYSE: COF), an existing member of the index. JUST IN: Coinbase […]<\/p>\n","protected":false},"author":0,"featured_media":3348,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3347","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=3347"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/3348"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=3347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=3347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=3347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}