Coinbase(US:COIN) 智通财经网·2025-05-14 01:21Group 1 - Coinbase's stock surged 24%, marking its largest single-day increase since the day after the last U.S. election, due to its inclusion in the S&P 500 index [1] - The inclusion in the S&P 500 is expected to trigger passive fund inflows, which may stabilize Coinbase's stock price and reduce volatility [2][3] - Coinbase's CEO, Brian Armstrong, is actively involved in the 2024 election, supporting pro-crypto candidates with significant political donations [1] Group 2 - Following Trump's administration, Coinbase's stock has experienced significant volatility, with a year-to-date increase of approximately 3.5% despite earlier declines [2] - Analysts suggest that the entry into the S&P 500 will prompt active management funds to reassess their positions in Coinbase, which currently has a low institutional ownership ratio [2] - Coinbase's third-quarter revenue grew by 24% year-over-year to $2.03 billion, and its net profit met the S&P 500's inclusion criteria [3] Group 3 - Coinbase announced a significant acquisition plan to purchase the Dubai-based crypto derivatives exchange Deribit for $2.9 billion, aiming to expand its international presence [3] - The company's strategic position is enhanced by the recent surge in Bitcoin prices and the entry of traditional financial institutions into the crypto market through Bitcoin ETFs [3]