WisdomTree: Coinbase S&P 500 listing confirms crypto’s place in ‘inner sanctum’
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…
