Crypto Stocks and Currencies Earn Their Own S&P Index

Group 1 - The S&P Digital Markets 50 Index will include 15 cryptocurrencies and 35 companies from the broader crypto sector, marking a new frontier in mixing stocks and cryptocurrencies [2][3] - Companies listed on the index must have a minimum market cap of $100 million, while cryptocurrencies must have a minimum cap of $300 million, with single assets restricted to 5% of the index [2] - Institutional investors are increasingly interested in the crypto sector, with 85% reporting increased allocations to digital assets in 2024, and 60% preferring exposure through registered vehicles like diversified index funds and ETFs [3] Group 2 - The S&P Digital Markets 50 Index aims to provide a consistent, rules-based tool for market participants to evaluate and gain exposure to the digital asset segment [6] - Bitcoin has seen a significant increase of approximately 30% this year, reaching a new all-time high of $126,080, while crypto industry stocks like Coinbase, Circle, and Strategy have also performed well [6]