Crypto Joins the S&P 500. Here’s What the Critics Are Saying
More good news continues to roll in for the crypto industry. Market bellwether Bitcoin (CRYPTO: BTC) is back above $100,000 and just set a new high of more than $111,000 as of this writing. And, on May 19, cryptocurrency exchange Coinbase Global (NASDAQ: COIN) formally joined the S&P 500.
While crypto enthusiasts view the inclusion of Coinbase in the S&P 500 as cause for celebration, the critics and naysayers are already out in force. Here’s what they are saying.
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The glass-half-empty view of Coinbase
Coinbase joining the S&P 500 represents a changing of the guard….
