Bitwise Predicts Major Index Listings for Coinbase, MicroStrategy

• Coinbase is expected to join the S&P 500, signaling greater integration of cryptocurrency firms into traditional financial markets.  
• MicroStrategy may enter the Nasdaq 100, introducing significant global crypto exposure to institutional and retail investors.  
• Bitwise forecasts Bitcoin to reach $200,000 in 2025, alongside significant advancements in crypto market adoption and innovation.  

Bitwise, a prominent asset manager, has predicted a groundbreaking year for cryptocurrency-related companies in 2025. According to a recent statement, Coinbase may be included in the S&P 500 index, while MicroStrategy is expected to join the Nasdaq 100. These developments could significantly expand cryptocurrency exposure within traditional financial markets. 

Significant Implications for U.S. Investors 

Coinbase’s inclusion in the S&P 500 would mark a major milestone, potentially driving its stock price higher and increasing its visibility among institutional investors. Similarly, MicroStrategy’s anticipated entry into the Nasdaq 100 could have substantial implications. As highlighted by Bloomberg Intelligence, approximately $451 billion in exchange-traded funds (ETFs) worldwide track the Nasdaq 100. Consequently, MicroStrategy’s inclusion would mean its stock automatically enters millions of portfolios globally.  

MicroStrategy’s meteoric rise in valuation has fueled speculation about its potential Nasdaq 100 entry. The company, known for its significant Bitcoin holdings, saw its market capitalization surge tenfold this year to $100 billion. This sharp increase reflects growing investor confidence in cryptocurrency-driven business models.  

Broader Predictions for 2025 by Bitwise 

Bitwise has outlined several predictions for the crypto sector in 2025, painting a picture of rapid adoption and growth. The firm expects Bitcoin to exceed $200,000, driven by increasing institutional participation and ETF inflows. Additionally, Bitwise predicts Coinbase’s stock price could surpass $700, reflecting the company’s ongoing dominance in the cryptocurrency exchange space.  

Besides company-specific predictions, Bitwise envisions broader industry developments. It anticipates that stablecoin assets will double, exceeding $400 billion, and the tokenized real-world assets market will grow to $50 billion. Furthermore, regulatory progress is expected, with the U.S. Department of Labor projected to ease its stance on cryptocurrencies in retirement plans.  

The inclusion of cryptocurrency-focused companies like Coinbase and MicroStrategy in major indexes could accelerate the integration of digital assets into traditional financial systems. Moreover, such moves may enhance mainstream acceptance, as millions of investors gain exposure to cryptocurrencies indirectly.  

Bitwise’s optimistic outlook for 2025 also includes expectations of five crypto startups going public in the United States. It further predicts a surge in Bitcoin adoption among sovereign nations, with the number of Bitcoin-holding countries set to double.