Wall Street Giant S&P Just Launched a Top 50 Crypto Index – What Happens Next?
S&P Global, the company behind the S&P 500 and Dow Jones Industrial Average, has launched its first hybrid benchmark combining cryptocurrencies and crypto-linked equities, a move that shows another step in Wall Street’s gradual embrace of digital assets.
The new benchmark, called the S&P Digital Markets 50 Index, will track 50 major components across the crypto economy, including 35 publicly traded companies tied to blockchain and digital asset operations, and 15 cryptocurrencies selected from the existing S&P Cryptocurrency Broad Digital Market Index.
The index is designed to give investors a single metric to measure performance across both sides of the crypto ecosystem: traditional equity markets and decentralized…
