{"id":26447,"date":"2025-05-13T05:47:22","date_gmt":"2025-05-13T05:47:22","guid":{"rendered":"https:\/\/dogewisperer.com\/coinbase-makes-history-as-first-crypto-firm-in-sp-500\/"},"modified":"2025-05-13T05:47:22","modified_gmt":"2025-05-13T05:47:22","slug":"coinbase-makes-history-as-first-crypto-firm-in-sp-500","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26447","title":{"rendered":"Coinbase Makes History as First Crypto Firm in S&amp;P 500"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Crypto just scored a major win in the traditional finance world. Coinbase, the largest U.S.-based crypto exchange, <a class=\"general-link\" href=\"https:\/\/www.spglobal.com\/spdji\/en\/documents\/indexnews\/announcements\/20250512-1478052\/1478052_dfs5.pdf\" target=\"_blank\" rel=\"nofollow noopener nofollow\">is officially joining the S&amp;P 500 on May 19<\/a>. This makes Coinbase the first crypto-native company to be added to one of Wall Street\u2019s most iconic indexes, and it\u2019s a pretty big deal. With Coinbase joining the S&amp;P 500, traditional investors will now get a wider exposure to digital assets.<\/span><\/p>\n<figure id=\"attachment_237176\" aria-describedby=\"caption-attachment-237176\" style=\"width: 1649px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-237176 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/coinbase-joins-sp-500.webp\" alt=\"coinbase joins s&amp;p 500\" width=\"1649\" height=\"924\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/coinbase-joins-sp-500.webp 1649w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/coinbase-joins-sp-500-300x168.webp 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/coinbase-joins-sp-500-1024x574.webp 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/coinbase-joins-sp-500-768x430.webp 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/coinbase-joins-sp-500-1536x861.webp 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/coinbase-joins-sp-500-50x28.webp 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/coinbase-joins-sp-500-308x173.webp 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/coinbase-joins-sp-500-350x196.webp 350w\" sizes=\"(max-width: 1649px) 100vw, 1649px\"><figcaption id=\"caption-attachment-237176\" class=\"wp-caption-text\">Source: S&amp;P Global<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">It\u2019s not just a milestone for the company. It\u2019s a clear signal that the financial world is finally starting to take crypto seriously.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">Top 20 Crypto to Buy in May 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Market Reaction<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Investors didn\u2019t waste any time reacting. Coinbase stock <a class=\"general-link\" href=\"https:\/\/www.morningstar.com\/news\/marketwatch\/20250512570\/coinbases-stock-pops-as-the-crypto-exchange-will-join-the-sp-500-index-next-monday\" target=\"_blank\" rel=\"nofollow noopener nofollow\">popped 4 percent<\/a> during the regular trading day, then tacked on another 9 percent in after-hours action. The stock ended up closing at $207.22. Traders seem to like the idea of crypto moving further into the financial mainstream, and they\u2019re putting their money behind it.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">As the saying goes\u2026<\/p>\n<p>\u201cFirst they ignore you.<br \/>Then they laugh at you.<br \/>Then they fight you.<br \/>Then they add you to the S&amp;P 500.\u201d<\/p>\n<p>\u2026or something like that.<\/p>\n<p>\u2014 Coinbase <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f6e1.png\" alt=\"\ud83d\udee1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@coinbase) <a href=\"https:\/\/twitter.com\/coinbase\/status\/1922046840528113880?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 12, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Being included in the S&amp;P 500 is no small thing. The index is tracked by trillions of dollars worth of institutional money. Think pension funds, retirement accounts, and big asset managers. Once a company is added, there\u2019s usually a wave of buying from funds that are required to match the index.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Why It Matters<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The S&amp;P 500 is often seen as a snapshot of the U.S. economy. It includes 500 of the largest public <\/span><span data-preserver-spaces=\"true\">companies<\/span><span data-preserver-spaces=\"true\"> across all industries. When a company makes the cut, people often view it as entering the corporate big leagues.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_6822dc25234df\" data-coin-id=\"btc-bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_6822dc25234df-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_6822dc25234df-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_6822dc25234df-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_6822dc25234df-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_6822dc25234df-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_6822dc25234df-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_6822dc25234df-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_6822dc25234df-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_6822dc25234df-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_6822dc25234df-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_6822dc25234df-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_6822dc25234df-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\">Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">For Coinbase, this means more than just status. It brings legitimacy, visibility, and access to a bigger pool of investors. Not bad for a company that started out in a San Francisco apartment a little over a decade ago.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Coinbase\u2019s Backstory<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Brian Armstrong and Fred Ehrsam founded Coinbase in 2012. It grew quickly by making crypto easier to buy, sell, and hold for everyday users. In 2021, it made headlines with its public debut via direct listing on the Nasdaq.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Since then, it\u2019s faced everything from wild market swings to intense regulatory scrutiny. But it\u2019s also grown into a global platform with more than 100 million users across over 100 countries.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Bigger Moves in Play<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The timing of Coinbase\u2019s S&amp;P 500 inclusion is interesting. Just days earlier, <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/adoption\/coinbase-makes-big-bet-on-derivatives-with-2-9b-deribit-deal\/\" target=\"_blank\" rel=\"noopener\">the company announced a $2.9 billion deal to acquire Deribit<\/a>, a Dubai-based crypto derivatives platform. That move expands Coinbase\u2019s reach into options and futures, a space that appeals heavily to institutional traders.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">So now, between this acquisition and its new role in the S&amp;P 500, Coinbase is shaping up to be a heavyweight in both crypto and traditional finance.<\/span><\/p>\n<h2>Coinbase Joining S&amp;P 500: Looking Forward<\/h2>\n<p><span data-preserver-spaces=\"true\">Coinbase landing in the S&amp;P 500 isn\u2019t just a corporate win, it\u2019s a cultural moment. It shows that crypto is no longer an outsider in finance. The industry still has plenty of hurdles to clear, especially on the regulatory front, but this moment feels like another big step toward normalization.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Whether you\u2019re a crypto diehard or just watching from the sidelines, one thing\u2019s clear: the line between Wall Street and crypto just got a whole lot thinner.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Coinbase will officially join the S&amp;P 500 on May 19, becoming the first crypto-native company to enter the iconic stock index.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The news sent Coinbase stock up 4% during the day and another 9% in after-hours trading, closing at $207.22.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Inclusion in the S&amp;P 500 boosts Coinbase\u2019s legitimacy, bringing exposure to institutional investors managing trillions of dollars.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Founded in 2012, Coinbase has grown from a startup into a global crypto platform serving over 100 million users in 100+ countries.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The milestone comes just days after Coinbase announced its $2.9 billion acquisition of Deribit, further expanding into crypto derivatives.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><br \/>\n    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/adoption\/coinbase-makes-history-as-first-crypto-firm-in-sp-500\/\">Coinbase Makes History as First Crypto Firm in S&amp;P 500<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto just scored a major win in the traditional finance world. Coinbase, the largest U.S.-based crypto exchange, is officially joining the S&amp;P 500 on May 19. This makes Coinbase the first crypto-native company to be added to one of Wall Street\u2019s most iconic indexes, and it\u2019s a pretty big deal. With Coinbase joining the S&amp;P [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26447","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26447"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26447\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}