May 21, 2026 1:46 PM

Joining the S&P 500 was supposed to be crypto’s ultimate validation, yet Coinbase has seen its stock sink 25% since its inclusion. After hitting a peak of $444, it crashed to $139, proving that a spot on the world’s most prestigious index is no shield against crypto volatility. If a "blue-chip" crypto giant can lose a quarter of its value while sitting alongside tech titans, does it even belong in the S&P 500? Or is the index better off without crypto? What's your take?
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