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Coinbase Stock Primed for $16B Tsunami as S&P 500 Inclusion Looms—Wall Street’s Index Funds Forced to Buy the Dip
Coinbase Stock Primed for $16B Tsunami as S&P 500 Inclusion Looms—Wall Street’s Index Funds Forced to Buy the Dip
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Bernstein analysts predict a seismic shift for COIN as passive investors scramble to align with the S&P 500’s latest addition. The crypto exchange’s shares could absorb $16 billion in mechanical buying—proving once again that Wall Street’s ’smart money’ just follows benchmarks off a cliff.
Forced buying from index-tracking funds may trigger a self-fulfilling prophecy. Short sellers, consider this your evacuation notice.
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