Coinbase (COIN) is included in the S&P500… A signal of ‘establishment of institutionalization’ in the cryptocurrency industry

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Coinbase's (COIN) inclusion in the S&P500 goes beyond a simple corporate milestone, presenting a significant turning point for the entire cryptocurrency industry. Recently, with Coinbase stock being included in the S&P500, the representative U.S. index, the company has achieved entry into the mainstream financial system, surviving under regulatory pressure from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

Meryem Habibi, Chief Revenue Officer of Bitface, evaluated that "this achievement is not just Coinbase's accomplishment, but a breakthrough that established the legitimacy of the blockchain and cryptocurrency industry as a whole". She added that this inclusion not only enhances the status of the largest U.S. cryptocurrency exchange but also "officially marks the entry of the entire cryptocurrency asset class into the mainstream".

Jason Kennard, Strategic Development Director of ARK Invest Europe, noted that "for the first time, a cryptocurrency-based company has been included in a global benchmark index by meeting the most stringent conditions of profitability, liquidity, and market capitalization". He emphasized that this sends a strong signal to institutional investors that "cryptocurrency infrastructure has now become a core financial structure of the system".

Steve Sosnick, Senior Strategist at Interactive Brokers, also said that "investors who now purchase S&P500 index-linked funds will unknowingly be exposed to the cryptocurrency industry". He further analyzed that "the possibility of institutional passive funds flowing billions of dollars into Coinbase has been opened".

Coinbase's inclusion in the S&P500 goes beyond a single stock's revaluation, showing that the cryptocurrency ecosystem is entering a mature financial system. This is evidence that digital assets are positioning themselves not as peripheral but as central assets in the global capital market, and is expected to accelerate the perspective shift of institutional investors who previously kept cryptocurrency at a distance.

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#Coinbase#S&P500#CryptocurrencyInclusion#MainstreamEntry#InstitutionalInvestment

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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