Coinbase stock ($COIN) is set to make history as the first cryptocurrency company to join the S&P 500 index, replacing Discover Financial Services on May 19, 2025. Crypto stocks are back baby!
This move underscores the increasing integration of digital assets into traditional financial markets. The announcement led to a 10% after-hours surge in Coinbase’s stock.
Coinbase Stock: Why Joining S&P 500 Matters
Inclusion in the S&P 500 isn’t just a headline win for Coinbase—it’s a money magnet.
Index funds tracking the S&P are now obligated to scoop up shares, creating an instant bump in demand. That means more volume, liquidity, and likely price pressure.
$COIN (Coinbase) just got added to 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. pic.twitter.com/SA0eLWNyUu— Vlad (
,
) (@Vlad_Web3) May 12, 2025
It also opens the door to a crowd that previously couldn’t touch it: institutional investors restricted to S&P-listed assets. For the Coinbase stock, that’s a whole new pipeline of capital.
More than anything, it cements Coinbase as a serious player. Getting listed on an index that anchors nearly $50 trillion in market cap is the kind of credibility most crypto companies can only dream of.
Although Coinbase shares have been down about 27% over the past six months, this recent rally underscores renewed investor confidence.
A “Turning Point” for Crypto
Alesia Haas, Coinbase’s CFO, framed the S&P 500 inclusion as a signal that crypto’s no longer on the fringe. “BTC, USDC, a pro-crypto administration, and now this—it’s a turning point,” she said.
Meanwhile, the company’s appetite is growing. Coinbase is spending nearly $3 billion to buy Deribit, a top crypto derivatives exchange.

Unlike companies dabbling in crypto—think PayPal, Visa, or Block—Coinbase has now become the first full-throttle crypto company embedded in the S&P 500.
What Are We Buying Before The Next Bull Market?

- BTC is positioned to hit $200k this year riding institutional adoption
- Layer 1s like SOL and SUI remain solid bets for infrastructure plays.
- And for high-risk, early-stage appetite, the Best Wallet Token ($BEST) presale is gaining steam.
With its presale nearly over and $12.1 million raised, $BEST is acting like it’s already a blue-chip.
Best Wallet is building more than just a crypto wallet. It’s fusing DEX trading, staking, and presale infrastructure into one platform to simplify a cluttered market. With built-in token perks like trading discounts and governance rights, $BEST is betting on long-term user retention over hype.
GET IN ON THE $BEST PRESALE HERE
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Key Takeaways
- Coinbase stock ($COIN) is set to make history as the first cryptocurrency company to join the S&P 500 index, replacing Discover Financial Services.
- Unlike companies dabbling in crypto—think PayPal, Visa, or Block—Coinbase now becomes the first full-throttle crypto company embedded in the S&P 500.
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