Block Inc. Joins S&P 500, Potentially Enhancing Institutional Exposure to Bitcoin

Key Points

1. Block Inc. officially entered the S&P 500 index on July 23, 2025, with its stock price rising by 7%.

2. The inclusion is expected to enhance Bitcoin's institutional appeal, similar to past trends with companies like MicroStrategy.

3. Bitcoin's market cap stands at $2.35 trillion with a dominance rate of 60.64%, showing sustained market strength.

4. Despite a 0.61% dip in the last 24 hours, Bitcoin's 90-day performance shows a strong upward trend of 26.69%.

5. Block Inc.'s CEO Jack Dorsey emphasized long-term growth prospects for Bitcoin, reinforcing its legitimacy in the financial landscape.