Coinbase becomes the first crypto company to be added to the S&P 500 index (replacing Discover Financial).
And as you would expect, the $COIN stock has soared after the news:
https://www.reuters.com/business/coinbase-shares-jump-addition-sp-500-index-2025-05-13/Thoughts on which crypto/bitcoin company we might see next? I have seen some people speculating about Strategy
BTC but then again, it looks like nothing is guaranteed even if the financial requirements are met:
Beyond the financial requirements, the company must also represent a major sector of the U.S. economy. An index committee ultimately selects firms to ensure sector balance and reflects the overall market