INSUBCONTINENT EXCLUSIVE:
high of 6,280.46, extending its year-to-date gain to 7%
However, when measured in Bitcoin (BTC), the large-cap index is down 15% so far in 2025, according to market commentator The Kobeissi
Letter.Citing data from Bitbo, The Kobeissi Letter also pointed out that the S&P 500 has dropped a staggering 99.98% against Bitcoin since
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BTC has gained 5.5% in the past 24 hours, 9% over the last week and is up 24% so far this year.Although Bitcoin has dramatically
outperformed the benchmark stock index since its inception, its performance against major tech stocks like Nvidia (NVDA), Tesla (TSLA) and
Netflix (NFLX) has been equally remarkable
record rally this year has been fueled in part by growing institutional demand, with investors pouring money into BTC spot exchange-traded
funds (ETFs) alongside traditional equity funds.As of Friday, the 12 US spot Bitcoin ETFs held a combined 1,264,976 BTC worth $148.6
push digital asset ETFs to the third-largest fund category by inflows, behind only short-term government debt and gold, according to State
ETF investment dollars in the United States
Source: State StreetOn Thursday, US spot Bitcoin ETFs saw their second-largest daily inflow on record, bringing in a total of $1.17
billion.Related: Ego Death Capital raises $100M to finance Bitcoin-focused startups
