TimesTabloid
2025-10-09 04:02:37

S&P Dow Jones’ Newly Launched Crypto Index Excites XRP Army. Here’s Why

S&P Dow Jones Indices has launched a new cryptocurrency benchmark that has quickly caught the eye of digital asset investors. The S&P Cryptocurrency Broad Digital Market Index, released as of September 30, 2025, tracks 304 cryptocurrency constituents and represents a significant move by one of the most recognized names in global finance. The launch was highlighted online by JackTheRippler (@RippleXrpie), a well-known XRP community figure, who shared the official index factsheet featuring XRP among the top constituents. His post stirred notable interest on X, particularly within the XRP community that has long viewed such developments as a sign of growing institutional recognition of their favored digital asset. BREAKING: S&P Dow Jones Launches New Crypto Index! #XRP pic.twitter.com/FLPmwxS0PE — JackTheRippler © (@RippleXrpie) October 7, 2025 XRP Features Prominently Among Leading Assets The index’s factsheet reveals that XRP sits within the top ten constituents by index weight, alongside Bitcoin, Ether, Binance Coin, and Solana Token. As of the report date, the index included digital assets with a combined market capitalization of over $2.27 trillion. The largest constituent by weight was 64.1%, while the top ten collectively accounted for 93% of the index’s total weight. By positioning XRP in a leading role , the index demonstrates that the asset remains a key player in the cryptocurrency market. This inclusion aligns with XRP’s history as one of the earliest large-scale digital assets with established liquidity and utility in cross-border payments . Acceptance of Crypto by Established Financial Institutions The move by S&P Dow Jones Indices reflects a tangible step by established financial institutions toward incorporating cryptocurrencies into traditional market structures. The introduction of this benchmark signals that large-scale index providers see value in measuring and tracking the performance of digital assets in the same systematic way they approach equities and bonds. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 For investors seeking greater legitimacy and visibility for digital assets like XRP, this development suggests evidence of increasing acceptance in mainstream finance. It enables institutional participants to observe, analyze, and potentially build investment products tied to the performance of this index, which is a fundamental step toward deeper integration with regulated markets. The XRP Community’s Response JackTheRippler’s post drew attention to XRP’s presence in the newly released index factsheet, remarking on what many in the community regard as a milestone for XRP’s recognition by legacy finance. One commenter stated that XRP is now everywhere, highlighting its growing recognition, and anticipating a breakout toward $5. Another noted that big names in the financial world are making cryptocurrencies mainstream . The fact that XRP stands alongside the largest cryptocurrencies in this benchmark resonates with those who see its inclusion as a sign of its staying power. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post S&P Dow Jones’ Newly Launched Crypto Index Excites XRP Army. Here’s Why appeared first on Times Tabloid .

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