S&P Global Takes a Measured Step into Crypto with Diversified Hybrid Index
S&P Global is entering the digital asset space with a characteristically cautious and structured approach. Its new S&P Digital Markets 50 index, developed with Dinari, will provide exposure to the crypto market through a blend of 35 crypto-related stocks and 15 cryptocurrencies, all governed by the firm’s strict, rules-based methodology.
To mitigate risk, the index enforces a 5% maximum weight for any single component and imposes minimum market caps of $100 million for equities and $300 million for cryptocurrencies. This high bar for crypto inclusion means only the top 276 digital assets by market cap would currently be eligible.
This launch reflects S&P’s view that crypto has achieved a “more established role in global markets,” but also underscores its commitment to providing a disciplined, institutional-grade product for this emerging asset class.