Coinbase Pushes Index Funds Into Crypto—With Ark Invest’s Full Support

Coinbase’s inclusion in the S&P 500 marks a major milestone for the crypto industry. Forcing passive index funds to buy in and validating Ark Invest’s long-standing, research-driven support.

Ark CEO Cathie Wood praised the move, emphasizing that while active managers rely on fundamental research, index-tracking investors can no longer ignore Coinbase. As the first crypto-native firm in the index, Coinbase is expected to attract up to $16 billion in capital inflows. Highlighting Wall Street’s growing acceptance of crypto.

CEO Brian Armstrong called the achievement proof that “crypto is here to stay.”

Clever Robot News Desk 14^th May 2025