Cathie Wood Says 'Index-Sensitive Managers Will Be Compelled to Consider' Coinbase As Crypto Exchange Platform Joins S&P 500 Index

Benzinga05-13

ARK Invest CEO Cathie Wood applauded Coinbase Global Inc. COIN on its inclusion in the S&P 500 index, marking the first cryptocurrency company to achieve this milestone.What Happened: Wood responded ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2535117718?lang=en_US&edition=full_marsco","thumbnail":"https://www.benzinga.com/files/images/story/2025/05/13/Kyiv--Ukraine---March-15--2024-Coinbase-.jpeg","is_english":true,"pubTime":"2025-05-13 15:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2535117718","market":"us","top_or_hot":-1,"title":"Cathie Wood Says 'Index-Sensitive Managers Will Be Compelled to Consider' Coinbase As Crypto Exchange Platform Joins S&P 500 Index","media":"Benzinga","content":"<div>\n<p>ARK Invest CEO Cathie Wood applauded Coinbase Global Inc. COIN on its inclusion in the S&P 500 index, marking the first cryptocurrency company to achieve this milestone.What Happened: Wood responded ...</p>\n\n<a href=\"https://www.benzinga.com/economics/macro-economic-events/25/05/45368175/cathie-wood-says-index-sensitive-managers-will-be-compelled-to-consider-coinbase-as-crypto-exchange-platform-joins-sp-500-index\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Says 'Index-Sensitive Managers Will Be Compelled to Consider' Coinbase As Crypto Exchange Platform Joins S&P 500 Index</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Says 'Index-Sensitive Managers Will Be Compelled to Consider' Coinbase As Crypto Exchange Platform Joins S&P 500 Index\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-05-13 15:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/economics/macro-economic-events/25/05/45368175/cathie-wood-says-index-sensitive-managers-will-be-compelled-to-consider-coinbase-as-crypto-exchange-platform-joins-sp-500-index><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ARK Invest CEO Cathie Wood applauded Coinbase Global Inc. COIN on its inclusion in the S&P 500 index, marking the first cryptocurrency company to achieve this milestone.What Happened: Wood responded ...</p>\n\n<a href=\"https://www.benzinga.com/economics/macro-economic-events/25/05/45368175/cathie-wood-says-index-sensitive-managers-will-be-compelled-to-consider-coinbase-as-crypto-exchange-platform-joins-sp-500-index\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COIN","symbol_name":"Coinbase Global, Inc.","start_time":0,"source_url":"https://www.benzinga.com/economics/macro-economic-events/25/05/45368175/cathie-wood-says-index-sensitive-managers-will-be-compelled-to-consider-coinbase-as-crypto-exchange-platform-joins-sp-500-index","article_id":"2535117718","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2025/05/13/Kyiv--Ukraine---March-15--2024-Coinbase-.jpeg"],"rights":{"source":"Benzinga","url":"https://www.benzinga.com/economics/macro-economic-events/25/05/45368175/cathie-wood-says-index-sensitive-managers-will-be-compelled-to-consider-coinbase-as-crypto-exchange-platform-joins-sp-500-index","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2535117718","pubTimestamp":1747120650,"columns":[],"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"ARK Invest CEO Cathie Wood applauded Coinbase Global Inc.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"COIN":"Coinbase Global, Inc.","BK4588":"碎股","EZET":"以太坊ETF-Franklin","BK4550":"红杉资本持仓","BK4594":"比特币ETF概念","FETH":"以太币ETF-Fidelity","SH":"标普500反向ETF","BK4595":"比特币概念","SPXU":"三倍做空标普500ETF","BK4600":"加密货币概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4551":"寇图资本持仓","SSO":"两倍做多标普500ETF","BTC":"Grayscale Bitcoin Mini Trust ETF","IBIT":"iShares Bitcoin Trust ETF","BK4539":"次新股","BK4601":"加密货币现货ETF","ARKK":"ARK Innovation ETF","BK4581":"高盛持仓","SPY":"标普500ETF","BK4554":"元宇宙及AR概念","CETH":"以太坊ETF-21Shares","IVV":"标普500指数ETF","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","UPRO":"三倍做多标普500ETF","VOO":"Vanguard标普500ETF",".SPX":"S&P 500 Index","BK4544":"ARK ETF合集","OEF":"标普100指数ETF-iShares","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4516":"特朗普概念","OEX":"标普100","BK4535":"淡马锡持仓","SDS":"两倍做空标普500ETF","ETHV":"以太坊ETF-VanEck","BK4504":"桥水持仓","BK4559":"巴菲特持仓","QETH":"以太坊ETF-Invesco Galaxy"},"translate_title":"Cathie Wood表示，随着加密货币交易平台加入标普500指数，“对指数敏感的管理者将被迫考虑”Coinbase","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".SPX":1,"ARKK":1,"BTC":1,"CETH":0.71,"COIN":1,"ETHV":0.71,"EZET":0.71,"FETH":0.71,"ESmain":0.6,"MESmain":0.6,"IBIT":0.9,"IVV":0.6,"OEF":0.6,"OEX":0.6,"QETH":0.71,"SDS":0.6,"SH":0.6,"SPXU":0.6,"SPY":1,"SSO":0.6,"UPRO":0.6,"VOO":1},"content_text":"ARK Invest CEO Cathie Wood applauded Coinbase Global Inc. COIN on its inclusion in the S&P 500 index, marking the first cryptocurrency company to achieve this milestone.What Happened: Wood responded to Coinbase CEO Brian Armstrong‘s announcement by congratulating both him and the company on X, calling the recognition “well deserved.” She noted that while active managers like ARK Invest rely on fundamental research rather than index providers to select stocks, the inclusion of Coinbase in a major index would force index-tracking funds to take notice. “Index-sensitive managers will be compelled to consider COIN now,” Wood wrote. The S&P 500 addition represents a watershed moment for cryptocurrency legitimacy in traditional finance, potentially forcing index fund managers to allocate capital to the digital asset space. Armstrong highlighted this achievement as validation that “crypto is here to stay,” reflecting growing mainstream acceptance of the asset class despite its historically volatile nature.\n\nSee Also: S&P 500 Rallies Over 3% On US-China 90-Day Tariff Truce, But Experts Warn It ‘Doesn’t Guarantee A Complete Resolution Of The Trade War’Get StartedTrade Bitcoin, Ethereum, and More Instantly — No Wallets, No HassleSpeculate on price movements, claim up to $200 in bonuses, and start with risk-free paper trading with crypto futures on Plus500.\nGet StartedDisclosure: 82% of retail CFD accounts lose moneyWhy It Matters: Wood has maintained an exceptionally bullish outlook on cryptocurrency markets, recently reiterating ARK’s forecast of Bitcoin BTC/USD reaching between $700,000 and $750,000 by 2030 in her base case, with a bull case target of $1.5 million. She attributes this dramatic growth potential to Bitcoin’s capacity to capture market share from gold, increasing institutional adoption and emerging market applications. This S&P 500 inclusion comes amid Coinbase’s aggressive expansion efforts, including its recent $2.9 billion acquisition of crypto options exchange Deribit and the launch of 24/7 trading for Bitcoin and Ethereum ETH/USD futures through its Commodity Futures Trading Commission -regulated exchange, making it the first regulated U.S. exchange to offer around-the-clock access to leveraged crypto derivatives.Image Via ShutterstockLoading...Loading...Read Next:\nJim Cramer Says ‘Sit Tight’ As China Tariff Pause Creates ‘Game Of Chicken’ That Could Steamroll Market Timers\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.BTCGrayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest$45.611.11%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock – anytime.Reveal Full ScoreEdge RankingsMomentum-Price TrendShortMediumLongOverview$BTCBitcoin$102787.59-0.01%$ETHEthereum$2469.75-1.04%COINCoinbase Global Inc$229.9010.9%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"CCBot/2.0 (https://commoncrawl.org/faq/)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.5","shortVersion":"4.35.5","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2535117718","isCrawlerRequest":true}