Block Inc. Smashes Into S&P 500—Crypto Just Went Corporate

Wall Street's old guard just handed crypto its biggest legitimacy stamp yet. Jack Dorsey's Block Inc. (formerly Square) joins the S&P 500 today—and traditional finance didn't even get to vote on it.

The ultimate backdoor adoption

While suits debate ETFs and regulation, Bitcoin's infrastructure players are quietly eating their lunch. Block's Cash App processed $10B in Bitcoin volume last quarter alone. Now the company that lets normies DCA into BTC sits beside Exxon and Coca-Cola in America's most-watched index.

Mainstream or manipulated?

The inclusion fuels crypto's 'Trojan horse' theory—where adoption happens through financial infrastructure rather than permission. But cynics note S&P additions often mark peak valuations (looking at you, Tesla 2020). Either way, the casino just got a new high-roller table.