According to Robbie Ferguson, Coinbase's inclusion in the S&P 500 signals a critical achievement for the crypto sector, as it is the first major web3 company to meet the index's rigorous standards, including a minimum $20.5 billion market cap, high liquidity, consistent earnings, and thorough audits (Source: @0xferg on Twitter, May 13, 2025). For traders, this listing cements Coinbase's status as a blue chip crypto stock, potentially attracting institutional investment and increasing market stability, which could positively impact the broader cryptocurrency market.