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Cryptocurrency News Video
Block borrows S&P 500 to leverage ten billion capital: Bitcoin’s Wall Street Penetration War#web3#crypto#wealth flow#btc#solana#blockchain
Aug 02, 2025 at 09:06 am 链上深探
In July 2025, Block, which Jack Dorsey was at the helm, was officially selected for the S&P 500 Index. The fintech company, which owns payment giant Square and mobile finance app Cash App, has now successfully ranked among the 500 most representative listed companies in the United States. The stock price immediately rose 14% in a few days. The selection of the S&P 500 means that Block will become the standard for mainstream investment portfolios around the world. According to incomplete statistics, the passive fund tracking S&P 500 is more than US$5 trillion. Estimated by Block's weight in the index, more than $10 billion of traditional capital is expected to indirectly allocate Bitcoin through holding Block stock.
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