Investors who stuck with Bitcoin instead of stocks over the past decade would be sitting on massive gains. That contrast has become impossible to ignore.
Truly incredible:
The S&P 500 in Bitcoin terms is now DOWN -15% year-to-date.
Since 2012, the S&P 500 in Bitcoin terms is down -99.98%.
That stash represents over 6% of all Bitcoin in circulation, according to Bitbo data. Inflows into digital asset ETFs landed them as the third‑largest fund category in the first half of the year, trailing only short‑term government debt and gold, State Street data shows.
On Thursday, Bitcoin ETFs recorded their second‑largest single‑day inflow ever, pulling in over $1 billion. Traders view these ETFs as a simpler way to tap into BTC gains without dealing directly with wallets or exchanges.
Bitcoin’s surge hasn’t just outperformed broad stock indexes. Analyst Charlie Bilello has pointed out that BTC has climbed far more than big tech names like Nvidia, Tesla, and Netflix over the past decade. That wider outperformance has added fuel to the argument that digital currency belongs in major portfolios.
With US equities near record highs in greenbacks but lagging in Bitcoin terms, some investors are weighing how to balance their bets. The rush into spot ETFs speaks to a growing belief that crypto deserve a spot alongside stocks and bonds.
Featured image from Dall-E, chart from TradingView