Tomorrow minute: 📈 Robinhood makes the S&P 500 while micro strategy is skipped

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GM!

The best news of today:

• Crypto Majors usually green, sol leads; BTC for $ 112,000
• Forward Industries announces $ 1.65 billion Sol under the leadership of Galaxy, Multicoin & Jump
• BMNR reveals 2,069m in ETH, first $ 20 million ‘Moonshot’ investment in Wld that
• Hood Stock puts 9% pre-market after inclusion of S&P 500; Mstr omitted
• Hyperliquid rises to ATH on the back of USDH Stablecoin Announcement

📈 Robinhood makes the S&P 500, micro strategy is skipped

Friday was a big day for those companies that introduce the S&P 500.

While a large crypto favorite was released again.

📌 What happened

S&P Dow Jones Indices said that Robinhood (Hood) will join the S&P 500 in the coming quarterly permit, to replace a departing component.

Hood shares immediately dived 7% on the news.

In the meantime, despite checking all requirements boxes, this cycle was not selected, despite checking all requirements.

• Why Hood fits: Size, liquidity and a more diversified fintech model (brokerage, options, cash, card, crypto) make it a comfortable addition for an index of an operational companies
• Why not MSTR: Meeting basic requirements is not a guarantee; The committee uses discretion. Mstr still screens like one Bitcoin -Proxy More than a diversified operator and clearly has more to prove his merits as a real company.

The recent price promotion of MSST certainly does not help the case, this month to fall by 16%, while Bitcoin is only falling 3%.

🗣️ What they say

It is an exciting milestone to connect Robinhood to the legendary S&P 500 index. I will share what I told the team today – we don’t stop to celebrate, our single focus remains building exceptional products for our customers. – Vlad Teev, CEO of Robinhood

‘You know which two companies did not get in the S&P 500 Last quarter, even though I meet all the criteria? Applovin and Robinity. They were hired in June and both arrived today in their second attempt. The same story with Uber and Tesla. Be patient. $ Mstr will come “ – X user Angarlo

🧠 Why it matters

Firstly, the reason is that companies and their shareholders become members of the S&P clear – enormous recalculation and continuous inflow.

Being added to the S&P is almost a final guarantee for the rises of the shares in the short term (except other macro factors).

So it’s a big problem to add.

Regarding Hood who makes it in MSST, the decision gives the preference of the Platform exposure committee over assetsproxies.

The inclusion of Robinhood validates a ripening, retail-first fintech that happens to have crypto in his product mix; It still draws a crypto-adjacent income flow directly in the most traced benchmark in America without making a call for a token.

The pass from micro strategy, on the other hand, suggests that the S&P still wants to use cash flows and business diversification when it chooses members.

For investors, the implication is simple: if you want crypto -exposure in the index, you build a real company that uses it, not just warehouse.

🌎 macro crypto and memes

A few crypto and web3 headlines that caught my attention:

• Crypto -Majors are usually green with Sol leader; BTC +0.5% at $ 111,800, ETH even at $ 4,300, XRP +4% at $ 2.94, Sol +5% at $ 214
• Mine (+235%), Wld (+17%), Pengu (+12%) and SPX (+12%) LED Top Movers
• ETH ETFs Saw one of their biggest run -out days ever on Friday with $ 444 million in net outflows
• Robinity Become a member of the S&P 500 on Friday, while the strategy from the index was omitted
• The Senate Bank Committee completed an updated market structure account, aimed at late September
• CEO of Chainlink said that tokenization speeds up after meeting SEC chairman Atkins, and emphasizes the policy focus on assets on chains
• The SEC and CFTC Roads 24/7 Financial markets to adapt to Cryptos 24-hour Trade

In business treasury

In memes

• Memecoin -Leiders are very green in the day; Doge +7%, Shiba +3%, Pepe +3%, Pengu +13%, Bonk +7%, Trump +1%, SPX +12%and Fartcoin +8%
• Iryna ran 1,700% to $ 7 million leading Onchain movers; 67 (+28%) and cars (+30%) were other remarkable movers

💰 Token, AirDrop & Protocol Tracker

Here is an overview of major token, protocol and airdrop news of the day:

🤖 Ai x crypto

Section dedicated to headlines in the AI ​​sector of Crypto:

• General market capitalization 2% in $ 13.2 billion, leaders were usually green
• Crooked (+8%), Virtual (+3%), Tibbir (-4%), AixBT (+1%) and AI16Z (+1%)
• Buzz (+37%) and Nuit (+13%) LED Top Movers

🚚 What happens in NFTs?

Here is the list of other remarkable headlines of the day in NFTS:

• ETH NFT leaders were mixed; Punks even at 48.9 ETH, Pudgy +3% on 10.25, Bayc -1% at 9 ETH
• Hytopia Worlds 70% was a remarkable top mover
• Bitcoin NFT Leaders were usually flat / down in the week
• Abstract NFTs were usually green in the week, led by Gigaverse Roms (+30%) and OCH heroes (+30%)
• A new punk strategy -token Van Rhynotic (PNKSTR) has already collected 39.9 ETH in reimbursements After achieving a market capitalization of $ 2.5 million, only 9 ETH removed from buying a punk (which it will again again at 1.2x the floor)