Coinbase (COIN), the well-known cryptocurrency exchange, continues to capture the attention of the financial market, with some rumors bringing it closer to the S&P 500.

Already listed on NASDAQ since 2021, the company could see a significant increase in the value of its shares in the coming years.

Coinbase (COIN) continues to be a hot topic in the financial markets, with rumors swirling about its possible inclusion in the S&P 500. The cryptocurrency exchange, which has been listed on NASDAQ since 2021, could see its stock value increase significantly in the coming years.

According to Bitwise, the price per share could surpass $700, more than doubling from its current level. If this prediction holds true, Coinbase would become the world's most valuable brokerage firm, even ahead of Charles Schwab.

This scenario opens up an even bolder possibility: Coinbase's inclusion in the S&P 500, the primary U.S. stock market index.

This potential move would mark a historic turning point for the cryptocurrency industry, paving the way for further integration between traditional finance and digital assets.

Bitwise's projections and Coinbase's ascent towards the S&P 500

Bitwise, a leading crypto fund manager, attributes Coinbase's growth to strong fundamentals and a favorable environment for the cryptocurrency market.

The increasing institutional interest in digital assets and the regulatory developments, making the sector safer, are positioning Coinbase as a key player in the global financial landscape.

At a valuation of over $700 per share, Coinbase would outrank Charles Schwab, a long-standing leader among financial brokerage firms. This outcome would not only serve as a symbolic achievement but also solidify the role of cryptocurrencies as an inherent part of the modern economic system.

Coinbase's inclusion in the S&P 500 is not an automatic process. The index comprises the 500 leading U.S. companies listed on the stock exchange and is curated based on criteria like market capitalization, profitability, and liquidity.

Coinbase, already boasting a significant market capitalization, is working to strengthen its profit margins, a crucial factor for entering the index.

If Coinbase does enter the S&P 500, it will have major implications. The index is used by numerous passive funds and ETFs, meaning a substantial portion of institutional capital would automatically flow into Coinbase shares.

This would provide greater stability to the company and further cement its standing as a龙头老大 in the crypto sector.

A future with broader exposure to cryptocurrencies

The potential inclusion of Coinbase in the S&P 500 aligns with a broader trend. Bitwise also suggests that even MicroStrategy, known for its vast Bitcoin holdings, could become part of the Nasdaq 100.

These developments reflect a growing adoption of cryptocurrencies in the portfolios of both institutional and retail investors.

If Coinbase and MicroStrategy were indeed included in the major stock indices, nearly all U.S. investors would indirectly gain exposure to digital assets.

This would democratize cryptocurrencies, making them accessible to a wider audience without the need to directly purchase Bitcoin, Ethereum, or other tokens.

Coinbase's potential entry into the S&P 500 would be a landmark event for the cryptocurrency industry. The increasing integration between traditional finance and digital assets is reshaping the global economic landscape, with Coinbase at the heart of this transformation.

Both the performance of its stock and the possible future implications will continue to draw close attention. With the backing of a rapidly expanding crypto ecosystem, Coinbase is well-positioned to achieve new milestones and solidify its leading role in the digital economy.