Coinbase（NASDAQ：COIN）于2025年5月19日加入标准普尔500指数

Coinbase（NASDAQ：COIN）定于2025年5月19日加入标准普尔500指数。该索引跟踪美国最大的500家公开上市的公司在各个领域中

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）定于2025年5月19日加入标准普尔500指数，取代Discover Financial（NYSE：DFS）。该索引跟踪了美国在各个领域的最大500家公开上市公司，包括金融，技术，医疗保健等。 Coinbase将在金融领域列出。

An Instant Double-Digit Rally

即时的双位拉力

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）宣布后，Coinbase的股价飙升了约10％。由于贸易战的关注缓解，当天早些时候的硬币股份增长了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).

尽管在过去的六个月中，Coinbase股票仍下降了约27％，但上个月它们的股票增长了17％（不包括最新的售后增长）。

Benefits of Being an S&P 500 Company

成为一家500指数公司的好处

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，标准普尔500指数的总市值约为49.8万亿美元。该基准指数具有市场上限加权，这意味着具有更大估值的公司，例如Microsoft（NASDAQ：MSFT），Apple（NASDAQ：AAPL）和NVIDIA（NYSE：NVDA），对指数的性能产生了更大的影响。相比之下，较小的成分，尤其是那些在底部400中排名的成分，重量明显较小。这些公司可能会定位共插的公司，通常仅占每个索引的0.01％至0.2％。

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

尽管个人影响力有限，但他们共同支持该指数的整体多元化。

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.

被添加到标准普尔500指数中为任何公司带来了一些好处。最直接的是对其股份的需求增加。之所以发生这种情况，是因为所有指数追踪基金（例如ETF和共同基金）可能会购买股票，通常会导致交易量增加，有时甚至以股价上涨。

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.

包容还可以吸引更多的机构投资者。许多资金仅限于仅在标准普尔500股股票上进行投资，因此加入指数可以吸引长期资本和更广泛的投资者利息。

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.

同时，Coinbase最近同意以29亿美元的交易获得加密货币选择平台Deribit。该交易包括7亿美元的现金和1100万股Coinbase A类普通股。