Coinbase Joins S&P 500 - Scratching the Surface with Soosh

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 normal ETF holdings in your Investment Accounts, IRAs, and 401Ks now have exposure to crypto indirectly.

What makes it more special?

> In order to get into S&P 500, Coinbase replaced Discover Financials which is a traditional financial institute!

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!