S&P 500 Hits Record High Yet Falls Behind Bitcoin’s Performance
The S&P 500 Index recently achieved a record high, marking a strong recovery since April. However, when compared to Bitcoin (BTC), the index’s performance appears less impressive. Despite a 7% year-to-date gain in traditional terms, the S&P 500 has declined 15% when measured in BTC for 2025. This gap widens further over the long term, with the index dropping 99.98% against Bitcoin since 2012.
Bitcoin’s Unprecedented Rally
Bitcoin’s surge to a new all-time high highlights its superior performance against both the S&P 500 and major tech stocks like Nvidia, Tesla, and Netflix. Analyst Charlie Bilello noted Bitcoin’s exceptional growth over the past decade, emphasizing its standout returns among various asset classes.
Institutional Demand Fuels Growth
Rising institutional interest has played a pivotal role in Bitcoin’s record rally this year. This trend is evident in the substantial inflows into BTC spot exchange-traded funds (ETFs), as investors increasingly allocate funds to Bitcoin alongside traditional equities. Recent data shows the 12 US spot Bitcoin ETFs collectively hold 1,264,976 BTC, accounting for over 6% of Bitcoin’s total supply.
Key Facts
- The S&P 500 Index has fallen 15% in BTC terms for 2025.
- Bitcoin’s price peaked at $118,800, setting a new all-time high.
- US spot Bitcoin ETFs recorded their second-largest daily inflow at $1.17 billion.
