Bitwise CIO "Coinbase Market Cap, Will Reach 1 Trillion Dollars"

Coinbase expected to grow more than 10 times (Source: BankRate)

The Cryptocurrency exchange Coinbase has been officially included in the S&P 500 index, with Bitwise Chief Investment Officer (CIO) Matt Hogan predicting that Coinbase's market capitalization will reach $1 trillion.

Hogan stated through his X account, "Among companies with a market capitalization of less than $100 billion, the most likely to achieve $1 trillion is Coinbase," pointing to the growth of the cryptocurrency market and Coinbase's market dominance as the basis.

Experts analyze that Coinbase's inclusion in the S&P 500 could increase interest among institutional investors and further strengthen market trustworthiness.