S&P Dow Jones Indices, a division of S&P Global, announced the launch of its new S&P Digital Markets 50 Index on October 19, 2025. This new market cap-weighted index is designed to track a basket of 50 cryptocurrencies and crypto-related stocks, offering a broader view of the crypto ecosystem's performance. The introduction of this index is seen as a significant move that could encourage investment firms to develop and offer new crypto-themed ETFs and mutual funds, potentially making crypto investing more accessible to a wider range of investors. While the launch is considered notable news for the crypto and blockchain space, its long-term impact on the market is yet to be determined.