The entry of Coinbase into the S&P 500 is the clearest sign yet that crypto has broken into the financial sector’s ‘inner sanctum,’ according to WisdomTree.
The ETF firm noted the crypto exchange is now entrenched in the core of the US financial markets, having met and exceeded the stringent S&P 500 entry criteria.
“The process is notoriously selective, designed to reflect the strength, stability, and liquidity of America’s corporate elite,” Dovile Silenskyte, director, digital assets research,” said in a commentary note. “Coinbase did not just sneak in – it earned its spot, hitting every key metric with conviction.”
She added that the inclusion of Coinbase is more than symbolic – it is a structural endorsement, which has hardwired crypto into the financial system’s core architecture.
“This milestone comes at a critical inflection point: bitcoin has once again broken through the $100,000 barrier, driving renewed bullish sentiment across the entire digital asset market,” Silenskyte continued.
See also: Two thirds of advisers involved in family bust-ups over IHT
“Simultaneously, altcoins are enjoying a strong wave of capital inflows, with names such as Solana, Ether, and XRP – along with more speculative tokens – drawing fresh investor attention.
“Amid this wave of investor enthusiasm, Coinbase’s inclusion in the S&P 500 adds institutional weight to the rally. It now joins the ranks of Apple, Microsoft, and JP Morgan, helping anchor passive flows from the trillions of dollars benchmarked to the S&P 500 index.
“That is not just increased visibility – it is sticky capital with structural weight.”
See also: Eyes on AI as investors look for clues on market recovery
Silenskyte further noted that Coinbase has “laid to rest” the old narrative of crypto unreliability by surviving the crypt market crash of 2022 and emerging stronger.
“Coinbase entering the S&P 500 marks the clearest institutional validation yet of crypto’s staying power. This is not just a win for Coinbase – it is a win for the broader digital asset ecosystem.
“Crypto is no longer knocking at Wall Street’s door. It has been handed the keys.”
