WhiteBIT's WBT Added to Five S&P Crypto Indices in Major Institutional Milestone

Source: DefiPlanet Original Title: WhiteBIT’s WBT Added to Five S&P Crypto Indices in Major Institutional Milestone Original Link:

Quick Breakdown

• WBT added to five S&P Dow Jones Cryptocurrency Indices, signalling rising institutional recognition.
• Inclusion reflects strong liquidity, governance standards, and market-cap stability.
• Positions WhiteBIT’s token for future integration into institutional investment products.

WhiteBIT’s native token, WBT, has been added to five S&P Dow Jones Cryptocurrency Indices, marking a significant step in the exchange’s push toward institutional recognition. The update, announced Thursday, positions WBT among digital assets that meet stringent benchmarks for liquidity, governance, market-cap stability, and transparent price formation.

Inclusion in S&P’s broad digital market index

WBT’s inclusion in the S&P Cryptocurrency Broad Digital Market (BDM) Index reflects its growing role in the global digital-asset landscape. The BDM Index tracks leading crypto assets that satisfy strict institutional criteria, standards increasingly used by investment firms and index-linked financial products. WBT’s addition follows a multi-quarter period of price resilience and consistent market-cap behaviour, outperforming broader market volatility.

Beyond the BDM Index, WBT has been incorporated into four additional S&P benchmarks: the Cryptocurrency Broad Digital Asset Index, the Cryptocurrency Financials Index, the LargeCap Ex-MegaCap Index, and the LargeCap Index. This broad placement signals that WBT now qualifies as an institutionally relevant asset across several classification tiers.

Recognition of crypto infrastructure tokens

S&P Dow Jones Indices has been steadily widening its scope to include tokens linked to exchanges and key financial infrastructure—a sign of how important these assets have become in the broader ecosystem. WBT being added to the mix reinforces that shift, moving it from simply a utility token to something now recognized as part of a global benchmark.

WhiteBIT CEO Volodymyr Nosov said the inclusion reflects the region’s advancement in compliant crypto infrastructure, noting that the recognition represents more than index admission but validation of institutional-grade standards.

The milestone follows strong market performance from WBT. The token reached a new all-time high of $62.96 on November 18, 2025, demonstrating resilience despite broader market pressure.

Meanwhile, Tether CEO Paolo Ardoino has pushed back against S&P Global’s decision to downgrade USDT’s ability to hold its dollar peg, arguing that the ratings agency overlooked significant asset reserves and robust, recurring revenue streams that reinforce the stablecoin’s backing.