{"id":52357,"date":"2025-05-13T17:43:30","date_gmt":"2025-05-13T17:43:30","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sp-500-inclusion-could-drive-9b-16b-inflows-into-coinbase-bernstein\/"},"modified":"2025-05-13T17:43:30","modified_gmt":"2025-05-13T17:43:30","slug":"sp-500-inclusion-could-drive-9b-16b-inflows-into-coinbase-bernstein","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sp-500-inclusion-could-drive-9b-16b-inflows-into-coinbase-bernstein\/","title":{"rendered":"S&#038;P 500 inclusion could drive $9B\u2013$16B inflows into Coinbase: Bernstein"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-30-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-30-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-30-smartcrop-750x375.webp\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-30-smartcrop-363x181.webp\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>&#13;<\/p>\n<li>The inclusion, effective before trading begins on May 19, will see the crypto major replacing Discover Financial Services in the index.<\/li>\n<p>&#13;<\/p>\n<li>Analysts at Bernstein estimate the move could trigger roughly $9 billion in inflows from passive investment vehicles linked to the S&amp;P 500.<\/li>\n<p>&#13;<\/p>\n<li>At a market capitalization of approximately $52 billion, Coinbase would represent around 0.1% of the S&amp;P 500<\/li>\n<p>&#13;\n<\/ul>\n<p>Coinbase is set to become the first pure-play cryptocurrency firm to be included in the S&amp;P 500 index.<\/p>\n<p>The inclusion, effective before trading begins on May 19, follows the pending completion of Discover Financial Services\u2019 acquisition by Capital One.<\/p>\n<p>Wall Street brokerage Bernstein estimates that Coinbase could see approximately $16 billion in buying pressure as a result of its inclusion in the S&amp;P 500.<\/p>\n<p>Of this, around $9 billion is expected to come from passive index funds that track the benchmark, while an additional $7 billion could stem from active fund allocations responding to the index change.<\/p>\n<p>\u201cWe estimate $9 billion potential buying into Coinbase driven by passive S&amp;P 500-linked ETFs and non-ETFs,\u201d said Bernstein\u2019s Gautam Chhugani in a note to clients on Tuesday.<\/p>\n<p>For S&amp;P-benchmarked active funds, a 0.1% allocation could translate into another $7 billion in potential buying, he added.<\/p>\n<p>At a market capitalization of approximately $52 billion, Coinbase would represent around 0.1% of the S&amp;P 500 and about 0.7% of the index\u2019s financial sector weighting.<\/p>\n<p>The S&amp;P 500 currently has a total market value of about $52 trillion.<\/p>\n<h2 class=\"wp-block-heading\">The long road to mainstream<\/h2>\n<p>Coinbase\u2019s path to the index follows what Bernstein described as a dramatic turnaround, after the company had previously been involved in litigation with the US Securities and Exchange Commission.<\/p>\n<p>Coinbase debuted on the Nasdaq via a direct listing in April 2021 and now holds about 66% share of the US crypto exchange market, with more than $400 billion in assets and around 10 million active users.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">As the saying goes\u2026<\/p>\n<p>\u201cFirst they ignore you.<br \/>Then they laugh at you.<br \/>Then they fight you.<br \/>Then they add you to the S&amp;P 500.\u201d<\/p>\n<p>\u2026or something like that.<\/p>\n<p>\u2014 Coinbase \ud83d\udee1\ufe0f (@coinbase) <a href=\"https:\/\/twitter.com\/coinbase\/status\/1922046840528113880?ref_src=twsrc%5Etfw\">May 12, 2025<\/a><\/p><\/blockquote>\n<p>\u201cThis is a big deal,\u201d said Coinbase President and COO Emilie Choi.<\/p>\n<p>\u201cThe S&amp;P 500 is arguably the most tracked and influential index in the world, is a 401(k) cornerstone, and a magnet for institutional capital.\u201d<\/p>\n<p>CEO Brian Armstrong added, \u201cCrypto is about to be in everyone\u2019s 401k,\u201d and expressed hope that entry into a COIN50 index might eventually carry similar weight.<\/p>\n<h2 class=\"wp-block-heading\">Market reaction to Coinbase\u2019s inclusion<\/h2>\n<p>Coinbase shares rose about 16% in the early hours of trading on Thursday following the announcement and were last seen trading at $241.60.<\/p>\n<p>However, the stock remains down about 5% year-to-date.<\/p>\n<p>The listing comes shortly after Coinbase announced a $2.9 billion deal to acquire Deribit, a crypto derivatives exchange.<\/p>\n<p>The acquisition includes $700 million in cash and 11 million Coinbase Class A shares.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/sp-500-inclusion-could-drive-9b-16b-inflows-into-coinbase-bernstein\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) &#13; The inclusion, effective before trading begins on May 19, will see the crypto major replacing Discover Financial Services in the index. &#13; Analysts at Bernstein estimate the move could trigger roughly $9 billion in inflows from passive investment vehicles linked [&hellip;]<\/p>\n","protected":false},"author":3947362387,"featured_media":52358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52357"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362387"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=52357"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/52358"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=52357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=52357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=52357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}