IOTA

Coinbase Joins the S&P 500!

Coinbase shares surged 16% after it was announced the company will join the S&P 500 on May 19—becoming the first crypto-focused firm to join this elite index alongside giants like Apple and Amazon. This opens the door for millions of new retail investors, especially through retirement ETFs.

Despite a rough Q1—revenue down 10%, net income down 94%—Coinbase is gaining ground as the crypto market recovers and regulatory pressure eases. Analysts at Bernstein forecast a potential 50% stock rally by year-end.

With the SEC lawsuit dropped earlier this year, Coinbase is now on a steady path to growth—powered by a new generation of passive investors known for holding through the storm.

#IOTA #CryptoNews #Coinbase #SP500 #Web3 #HODL

https://www.tgoop.com/IOTASustainable

www.tgoop.com/IOTASDC/318

50 viewsMay 15 at 17:08

Coinbase Joins the S&P 500!

Coinbase shares surged 16% after it was announced the company will join the S&P 500 on May 19—becoming the first crypto-focused firm to join this elite index alongside giants like Apple and Amazon. This opens the door for millions of new retail investors, especially through retirement ETFs.

Despite a rough Q1—revenue down 10%, net income down 94%—Coinbase is gaining ground as the crypto market recovers and regulatory pressure eases. Analysts at Bernstein forecast a potential 50% stock rally by year-end.

With the SEC lawsuit dropped earlier this year, Coinbase is now on a steady path to growth—powered by a new generation of passive investors known for holding through the storm.

#IOTA #CryptoNews #Coinbase #SP500 #Web3 #HODL

https://www.tgoop.com/IOTASustainable

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