Vaneck Head of Digital Assets Research Matthew Sigel says that S&P Global Crypto companies in the S&P 500 index “S&P Global” snubbed “in the S&P 500 index.
Sigel points out that in an announcement of the S&P Dow Jones Indices (“S&P DJI”) the additions and deletions describes to its different indices, the largest crypto companies are noticeably omitted, even though they are an apparently solid candidates.
S&P Global is best known for maintaining the S&P 500 through its S&P Dow Jones Division, which is responsible for reinforcing the index.
In particular Sigel out Crypto Exchange Coinbase (Coin), Business Intelligence and Bitcoin (BTC) Hooder MicroSstratey (MSTR), Retail Trading Giant Robinhood (HOOD) and Jack Dorsey-Found Payments Firm Block (XYZ) should have been left to the durability of their company lods.
“Snubbeld!
Coin, Hood, MSTR and XYZ hit the required quantifications, but were bumped by S&P – it appears that there is a spectre that is beyond the figures …
Zero Tech of Financials added, but still seems conspiration. It seems that it seems that they will remain profitable. “
The S&P criteria for the index have various requirements for listed companies, including a market capitalization of at least $ 20.5 billion, positive income for the last four quarters, the issue of ordinary shares and more.
According to Sigel, Robinhood in particular should to stay Profitable “among almost every circumstance.”
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