Crypto Joins the S&P 500. Here’s What the Critics Are Saying
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Coinbase became the first-ever native crypto company to join the S&P 500.
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Critics and naysayers are concerned about the potential risk of crypto being added to the portfolios of everyday Americans.
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Coinbase represents a safer, more regulated way for investors to get exposure to crypto without buying cryptocurrencies directly.
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…
