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Coinbase Stock Price Surges 8% Following an Entry on S&P 500

  • COIN shares surged 8% after the S&P 500 inclusion announcement.
  • Inclusion of Coinbase in the S&P 500 exposes millions of investors to crypto through index funds.
  • Coinbase meets all S&P 500 criteria with a $53 billion market cap.
  • Coinbase's inclusion in the S&P 500 signals increasing mainstream acceptance of crypto, opening doors for institutional adoption and investments.

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