📰 S&P’s New Crypto Index Excludes XRP and Bitcoin: Here’s the Real Reason
🗓️ Jul 22 2026 13:41 UTC - Sam Daodu
➤ S&P Dow Jones Indices and Pantera Capital launched a new crypto index that excludes Bitcoin and XRP based on a revenue-generation rule.
➤ The index requires protocols to generate revenue, with a portion distributed to token holders, a criterion that Bitcoin and XRP do not meet.
➤ While the exclusion may impact XRP's utility narrative, it aligns with Bitcoin's 'digital gold' narrative and does not affect their existing S&P reference indices.
#spdowjones #panteracapital #cryptoindex #bitcoin #xrp #ethereum #solana #revenuegeneration #marketcapitalization #benchmark
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S&P’s New Crypto Index Excludes XRP and Bitcoin: Here’s the Real Reason
S&P Dow Jones Indices and Pantera Capital launched a new crypto index that excludes Bitcoin and XRP based on a revenue-generation rule.,The index r...













