Coinbase Becomes First Bitcoin And Crypto Company To Join The S&P 500

Bitcoin Magazine

Coinbase Global Inc. (NASDAQ: COIN) is formally signing up with the S&P 500 beginning May 19. It will change Discover Financial Services (NYSE: DFS), which is being obtained by Capital One Financial (NYSE: COF), an existing member of the index.

This is a huge relocation for Coinbase and an even larger signal for Bitcoin. For a crypto company to be contributed to among the most crucial indexes in the U.S. demonstrates how far this market has actually come. It’s not simply buzz any longer—it’s ending up being a genuine part of the conventional monetary system.

“Thank you to everyone who made it possible for a crypto company to join the S&P 500 for the first time in history,” Coinbase published on their X account.

To enter the S&P 500, a company requires to fulfill a couple of stringent requirements. They require a market cap of a minimum of $18 billion, have the majority of their shares held by the public, pay over the last 4 quarters, and be noted on a U.S. exchange. Coinbase checks all of those boxes, with a market cap over $40 billion and strong current incomes.

Once Coinbase is included, every fund that tracks the S&P 500 will require to include it in their portfolios. That suggests more need for the stock, which might press the rate up in the short-term. But a lot more crucial, it brings more direct exposure and trustworthiness to the whole crypto area.

“Congratulations Brian Armstrong on $COIN being added to the S&P 500 Index,” stated Strategy Executive Chairman Michael Saylor. “A major milestone for Coinbase and for Bitcoin.”

Now let’s discuss Bitcoin. Coinbase is among the leading platforms individuals utilize to purchase and offer Bitcoin. Having it in the S&P 500 makes Bitcoin direct exposure more available to conventional financiers. It also helps in reducing the concept that Bitcoin and crypto are simply some dangerous gamble.

NEW: #Bitcoin has considerably exceeded the S&P 500 over the previous 14 years. pic.twitter.com/mdBhIZSbor

— Bitcoin Magazine (@BitcoinMagazine) April 14, 2025

And the numbers promote themselves. Over the previous 14 years, Bitcoin has actually exceeded the S&P 500 and gold by a substantial margin. Since 2010, Bitcoin has actually risen an incredible 7,200,000%, compared to the S&P 500’s 306% and gold’s 116%. Even when taking a look at much shorter timeframes, Bitcoin regularly beats both. For circumstances, in the previous year, Bitcoin is up 27%, while gold is up 37%, and the S&P 500 is just up 5%. In the last 5 years, Bitcoin has actually gotten 1,138%, far exceeding gold’s 85% and the S&P 500’s 92%.

This post Coinbase Becomes First Bitcoin And Crypto Company To Join The S&P 500 first appeared on Bitcoin Magazine and is composed by Oscar Zarraga Perez.

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