JUST IN: S&P just launched its first ever crypto index and Bitcoin isn't in it. CEO Kathy Clay says $BTC was excluded because "it's really not one of those revenue generating protocols" The index holds 18 tokens led by $ETH, $BNB, $SOL, $TRX, and Hyperliquid.

Maybe call it $SHIT for shitcoin index.

@RipBullWinkle These people still don’t get it. Revenue generating fees are bad.

CNBC’s graphic is a bit misleading. XRP wasn’t excluded because it lacks utility—it was excluded because the S&P Pantera Digital Asset Index requires protocol revenue, which favors smart contract and DeFi networks like Ethereum, Solana, BNB, Tron, and Hyperliquid. XRPL’s fees are minimal and burned rather than recognized as protocol revenue. Different methodology, not a judgment on XRP’s utility.

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lol Buy bitcoin Not some S&P shitcoin

Bitcoin is a great asset. But Smart Contracts actually matter as well. News flash: There is actually more to Crypto than Bitcoin! Bitcoiners: “They should have launched a Bitcoin Index instead!” Bitcoin Maxis: “This is Bullish for Bitcoin!”

Interesting to see TRON included. 👏🚀 As institutional benchmarks evolve, factors like real network usage and ecosystem activity seem to be playing a bigger role 🔥

Wow only Bitcoin and XRP are excluded!! First time I have seen Bitcoin being in the same category as XRP or vice versa🤔

$FBTC will soon join the party.

😂😂😂😂. Run!!!!!!!

Anyone understanding BTC knows BTC isn't in that shitcoin league. BTC doesn't report to anyone. 💪💪🚀🚀

Well Bitcoin is not crypto. So I guess that makes sense

@grok list the tokens within the ETF, all of them.

Interesting development. The institutional focus appears to be shifting from which coin is the largest? to which protocol generates demonstrable economic activity? That is precisely where things become interesting for @CoDeTechCC As the Core infrastructure is adopted on a larger scale and its economic activity, protocol revenue, and liquidity become visible, XCB — and possibly CTN as well — could find their way onto the radar of indices like these. Not because an attractive narrative is being built around them, but because the infrastructure is actually processing value 💚

Bitcoin isn’t crypto, so that makes sense.

@DigPerspectives (💩)^💩

The shitcoin index Sweet

Excluding Bitcoin by protocol profitability may overlook its core positioning BTC has never been designed to generate cash flow but rather as a decentralized store of value Different assets play different roles and the ultimate long term winner will still depend on the degree of actual adoption

Gold doesn't generate revenue either S&P just revealed they're still using equity valuation frameworks to analyze monetary assets That's not analysis, that's the wrong spreadsheet

Good that they seperated the nonsense out and put it in its own corner.

They stole Cryptex Finance "CTX" idea. CTX is a crypto index. The first to do it.

What's the etf called... Ticker people!...

Whats the ticker

Bwahahaha!!! She said "principles". Their only principle is to separate you from your wealth.

Of course, that makes sense, it will include projects like $MORPHO $ETHFI $AERO $UNI $PENDLE $ENA $JUP $JTO $SYRUP $LIT $LDO $AAVE $ONDO $HAEDAL etc, that actually generate revenue back to the token. 🫰👏🫰

Shitcoin index.

@NicoCabrera92 TRX 😂😂😂 whatever you do, don’t touch this index

excluding the two best. that really is a special kind of retarded

The Shitcoin 💩 & Poop Index by S&P

@mrnguyen007

Crypto will fade and in the end. Crypto bros who generate no value and scammers will only be left.

which spx

Finally, even the institutions get it. Bitcoin, not crypto.

$ETH is money