According to Moonshot, SPX6900 significantly outperformed the S&P500 during May 2025, as referenced by the reported data (source: Moonshot on Twitter, June 4, 2025). This strong performance signals increased risk appetite in U.S. equity markets, which historically correlates with bullish momentum in major cryptocurrencies like Bitcoin and Ethereum. Crypto traders should monitor SPX6900 and related indices for continued inflows, as these can indicate a favorable environment for digital asset rallies, especially in sectors linked to tech and AI stocks that often drive both equity and crypto markets.

According to Coinbase International Exchange, the platform will introduce support for Spx6900 and Kaspa perpetual futures on both Coinbase International Exchange and Coinbase Advanced. The trading of SPX-PERP and KAS-PERP markets is set to begin on or after 9:30 am UTC on February 20, 2025. This move is significant for traders looking to engage in the derivatives market for these assets, potentially increasing market liquidity and trading opportunities. Source: @CoinbaseIntExch