Block Joins S&P 500 - Scratching the Surface with Soosh
Block (previously Square) becomes the second publicly listed crypto company that joins the S&P 500!
- Square, Cash App, Afterpay, TIDAL, Proto, and Bitkey are all under the Block Inc. entity.
> All ETF providers (think Vanguard, BlackRock, Charles Schwab, JPM Chase, VanEck, iShares, Fidelity etc) will add $COIN equity to their ETFs that represent S&P 500!
>> This means that your normal ETF holdings in your Investment Accounts, IRAs, and 401Ks now have exposure to crypto indirectly.
Scratching the Surface with Soosh; Coinbase Joins S&P500
Big news today! Coinbase becomes the first publicly listed crypto company that joins the S&P 500! Why this matters? > All ETF providers (think Vanguard, BlackRock, Charles Schwab, JPM Chase, VanEck, iShares, Fidelity etc) will add $COIN equity to their ETFs that represent S&P 500! >> This means that your
Sushen Talwar
Block will be replacing Chevron in the S&P 500.
Block Set to Join S&P 500
Block Inc. (NYSE: XYZ) will replace Hess Corp. (NYSE: HES) in the S&P 500 effective prior to the opening of trading on Wednesday, July 23. S&P 500 and S&P 100 constituent Chevron Corp. (NYSE: CVX)…
Until next time on the next scratching the surface with soosh!
*this article is for curiosity only and nothing stated within should be taken as tax and financial advice. DYOR!