Coinbase Stock Marks a Historical Shift for Crypto Stocks: Could COIN Become the New APPLE?
Coinbase is set to become the first cryptocurrency company listed on the S&P 500 index, signaling the growing acceptance of digital assets.
Coinbase Stock Marks a Historical Shift for Crypto Stocks: Could COIN Become the New APPLE?
Coinbase stock ($COIN) is poised to make history as the first cryptocurrency firm to join the S&P 500 index, taking the place of Discover Financial Services on May 19, 2025. This move highlights the increasing integration of digital assets into traditional financial markets. Following the announcement, Coinbase’s stock surged by 10% in after-hours trading.
Coinbase Stock: Why Joining S&P 500 Matters
Being added to the S&P 500 means index funds must buy shares, creating demand and potentially affecting prices positively.
🚨 $COIN (Coinbase) is now part of the S&P 500
More people will indirectly own crypto—whether they realize it or not.
This isn’t just about a stock.
It’s another step toward mainstream adoption.
Crypto is quietly becoming part of the system.
— Vlad (🐻, 🐻) @Vlad_Web3 May 12, 2025.
This listing also opens the door for institutional investors who are limited to S&P-listed assets, providing a new influx of capital for Coinbase. It validates Coinbase’s position in the market as a key player, unlike other companies merely dabbling in cryptocurrency.
A “Turning Point” for Crypto
Alesia Haas, Coinbase’s CFO, described the inclusion as a sign of crypto moving into mainstream finance: “BTC, USDC, a pro-crypto administration, and now this—it’s a turning point.”
Additionally, Coinbase is expanding its footprint significantly by investing nearly $3 billion to acquire Deribit, a leading crypto derivatives exchange.
What Are We Buying Before The Next Bull Market?
While Coinbase leads the pack, several other cryptocurrencies are also gaining traction as institutional interest rises.
- BTC is set to potentially hit $200,000 this year.
- Layer 1 networks like SOL and SUI remain promising for infrastructure development.
- The Best Wallet Token ($BEST) presale is gaining momentum with over $12.1 million raised.
DISCOVER: Best Meme Coin ICOs to Invest in 2025
Key Takeaways
- Coinbase stock is the first cryptocurrency company in the S&P 500, marking a crucial moment for crypto.
- Coinbase distinguishes itself as a fully-fledged crypto entity compared to other major companies like PayPal and Visa.
