Coinbase, Microstrategy and other “Snubbed” encryption companies by S& P Global: Vaneck Executive
Matthew Sijel, president of VANECK Head Digital Asset Research Company, says S&P Global “Snubbed” in their last update for the S&P 500 index.
Sigel notes that, in an advertisement issued by the S&P Jones indicators (“S & P DJI”), it shows in detail the additions and deletion to their various indicators, the largest encryption companies are noticeably excluded although they are apparently strong candidates.
S & P Global is famous for keeping the S&P 500 through the S&P Jones Indicators section, which is responsible for re -balance of the index every quarter.
Specifically, it will be He says Microstrategy (MSTR), Crypto Excination Coinbase (COIN), Business and BTC (BTC), may be added, and the commercial trading giant (Hood) may have been added, but may have been neglected due to concerns about the sustainability of their business models.
Snubbed!
Hit the currency, cover, mstr and Xyz the necessary quantitative marks, but it was ghost by the S&P – there is a ghost behind the numbers …
Add zero technology or financial data, but still seems conspirator. It seems that a lot of doubt about the committee will remain profitable, apparently. “
S&P standards for the index contain several requirements for companies circulating for the public, including the maximum market of at least $ 20.5 billion, positive profits for the last four, sharing shares and more.
According to a registration, Robinhood must be in particular Remain Bugged “under most of the circumstances”.
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