Coinbase S&P 500 Inclusion event
Overview
Coinbase Global was added to the S&P 500 index effective May 19, 2025, following an announcement by S&P Dow Jones Indices on May 12, 2025. The company became the first crypto-native firm to be included in the benchmark US equity index. The news drove a significant rise in Coinbase shares, and market participants characterised the inclusion as a step toward broader integration of the crypto sector into conventional capital markets.
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Questions on the record
How did the stock react to the announcement?
Coinbase shares rose roughly 9% in after-hours trading following the announcement.