Crypto exchange Coinbase (COIN) is soaring 16% early Tuesday after the Monday evening announcement of its inclusion into the S&P 500. COIN will be added to the S&P 500 index after the close on Friday,

Leading brokerage firm Bernstein is very bullish on Coinbase (Nasdaq: COIN) following the announcement of its upcoming addition to the S&P 500. Bernstein analysts led by Gautam Ch

Coinbase joins the S&P 500, bringing nearly $1B in Bitcoin onto the world’s most tracked index—and marking a turning point for corporate Bitcoin treasury strategy.

Coinbase’s upcoming entry into the S&P 500 underscores its growing influence in both the U.S. spot and crypto derivatives markets. This expansion is strengthened by its recent $2.9 billion acquisition of Deribit.

Coinbase’s addition is a landmark moment for crypto, marking increased acceptance by traditional finance. The relief is one of the daily re-shuffle by S&P Dow Jones Indices, which chose Coinbase to replace Discover Financial Services — whose junking comes after Capital One’s$ 35.3 billion accession, closing on May 18, 2025.

Shares of Coinbase Global (COIN) are seeing gains of 25% on Tuesday after announcements that the cryptocurrency exchange will be joining the S&P 500 (^GSPC) on May 19, replacing Discover Financial Services (DFS) on the stock market index.

Coinbase Global Inc. will join the S&P 500 next week, the first-ever crypto company to be included in the benchmark index. Coinbase soared in extended trading after the move was announced Monday.

Coinbase joins the S&P 500, marking a milestone for Bitcoin, further highlighting Bitcoin’s strong performance, outperforming gold and the S&P 500 over the years.