List of Flash News about passive index funds
Time | Details |
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2025-09-08 18:30 |
Robinhood (HOOD) Joins S&P 500: Stock Jumps 10%; Passive Index Demand Cited; Crypto Exposure to BTC, ETH
According to @PelosiTracker_, Robinhood (HOOD) has been added to the S&P 500 and the stock is up about 10% today, highlighting near-term momentum and elevated trading interest (source: @PelosiTracker_ on X). S&P Dow Jones Indices states that S&P 500 additions are tracked by passive index funds, which creates mechanical buy demand around inclusion dates—an important factor for short-term order flow and liquidity in HOOD (source: S&P Dow Jones Indices methodology). Robinhood also operates a cryptocurrency trading platform offering BTC and ETH and reports related transaction-based revenue, tying HOOD’s fundamentals partly to crypto trading activity on the platform (source: Robinhood Markets, Inc. investor relations and Robinhood Crypto disclosures). |