Coinbase（NASDAQ：COIN）於2025年5月19日加入標準普爾500指數

Coinbase（NASDAQ：COIN）定於2025年5月19日加入標準普爾500指數。該索引跟踪美國最大的500家公開上市的公司在各個領域中

Coinbase (Nasdaq: COIN) is set to join the S&P 500 index on 19 May 2025, replacing Discover Financial (NYSE: DFS). The index tracks the largest 500 publicly listed companies in the US across various sectors, including finance, tech, healthcare, and more. Coinbase will be listed under the financials sector.

Coinbase（NASDAQ：COIN）定於2025年5月19日加入標準普爾500指數，取代Discover Financial（NYSE：DFS）。該索引跟踪了美國在各個領域的最大500家公開上市公司，包括金融，技術，醫療保健等。 Coinbase將在金融領域列出。

An Instant Double-Digit Rally

即時的雙位拉力

Following the announcement yesterday (Monday) after market close, Coinbase shares surged by about 10 per cent. The rally follows a 4 per cent rise in COIN shares earlier in the day due to improving market sentiment as the trade war concerns eased.

昨天（星期一）宣布後，Coinbase的股價飆升了約10％。由於貿易戰的關注緩解，當天早些時候的硬幣股份增長了4％。

Although Coinbase shares are still down by around 27 per cent over the past six months, they have risen by 17 per cent in the last month (excluding the latest after-market increase).

儘管在過去的六個月中，Coinbase股票仍下降了約27％，但上個月它們的股票增長了17％（不包括最新的售後增長）。

Benefits of Being an S&P 500 Company

成為一家500指數公司的好處

As of 31 March, the S&P 500 represented a total market capitalisation of approximately $49.8 trillion. This benchmark index is market-cap-weighted, meaning companies with larger valuations—such as Microsoft (Nasdaq: MSFT), Apple (Nasdaq: AAPL), and Nvidia (NYSE: NVDA)—have a greater impact on the index’s performance. In contrast, smaller constituents, particularly those ranked in the bottom 400 by size, carry significantly less weight. These firms, where Coinbase is likely to be positioned, typically account for just 0.01% to 0.2% of the index each.

截至3月31日，標準普爾500指數的總市值約為49.8萬億美元。該基準指數具有市場上限加權，這意味著具有更大估值的公司，例如Microsoft（NASDAQ：MSFT），Apple（NASDAQ：AAPL）和NVIDIA（NYSE：NVDA），對指數的性能產生了更大的影響。相比之下，較小的成分，尤其是那些在底部400中排名的成分，重量明顯較小。這些公司可能會定位共插的公司，通常僅佔每個索引的0.01％至0.2％。

Despite their limited individual influence, they collectively support the index’s overall diversification.

儘管個人影響力有限，但他們共同支持該指數的整體多元化。

Being added to the S&P 500 brings several benefits for any company. The most immediate is an increase in demand for its shares. This happens because all index-tracking funds—such as ETFs and mutual funds—must buy the stock, usually leading to a rise in trading volume and sometimes in the share price.

被添加到標準普爾500指數中為任何公司帶來了一些好處。最直接的是對其股份的需求增加。之所以發生這種情況，是因為所有指數追踪基金（例如ETF和共同基金）可能會購買股票，通常會導致交易量增加，有時甚至以股價上漲。

Inclusion can also attract more institutional investors. Many funds are restricted to investing only in S&P 500 stocks, so joining the index can draw in longer-term capital and broader investor interest.

包容還可以吸引更多的機構投資者。許多資金僅限於僅在標準普爾500股股票上進行投資，因此加入指數可以吸引長期資本和更廣泛的投資者利息。

Meanwhile, Coinbase recently agreed to acquire the crypto options platform Deribit in a $2.9 billion deal. The transaction includes $700 million in cash and 11 million shares of Coinbase Class A common stock.

同時，Coinbase最近同意以29億美元的交易獲得加密貨幣選擇平台Deribit。該交易包括7億美元的現金和1100萬股Coinbase A類普通股。