S&P Ditches Bitcoin and XRP in New Institutional Crypto Index

S&P has introduced a new institutional crypto index that focuses on revenue-generating protocols and excludes major tokens like Bitcoin and XRP.

The move reflects a growing preference among institutional investors for assets with clear income streams, potentially reshaping capital allocation across the digital asset ecosystem.

Ripple's Chief Legal Officer Stuart Alderoty emphasized that regulatory developments are converging toward greater clarity, but also acknowledged that existing protocols may need to adapt to meet new standards.

Meanwhile, Argentina's government unveiled a sweeping deregulation bill aimed at modernizing its capital markets through crypto and blockchain integration, signaling broader global momentum toward structured regulatory frameworks.