{"id":339410,"date":"2026-03-14T19:25:11","date_gmt":"2026-03-14T19:25:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/339410\/"},"modified":"2026-03-14T19:25:11","modified_gmt":"2026-03-14T19:25:11","slug":"bitcoin-outperforms-sp-500-nasdaq-gold-since-the-start-of-iran-war","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/339410\/","title":{"rendered":"Bitcoin outperforms S&P 500, Nasdaq, gold since the start of Iran war"},"content":{"rendered":"

\"Is<\/p>\n

A bitcoin comeback may be underway. <\/p>\n

Just as the cryptocurrency was kicking off its latest winning week, ProShares’ Simeon Hyman was emphasizing a bullish bitcoin trend on CNBC’s “ETF Edge<\/a>.”<\/p>\n

“If you look at bitcoin, it’s up a little bit and equities are down [since the Iran war began,]” the firm’s global investment strategist said on Monday.” “So, I think the diversification story really holds in in this current environment.”<\/p>\n

As of Friday’s market close, bitcoin<\/a> gained 5% this week \u2014 with most of the gains coming over a 24-hour period. Plus, it’s up roughly 8% since the Iran war started on Feb. 28. <\/p>\n

Meanwhile, the S&P 500<\/a> and gold<\/a> are down more 3% since the war with Iran began, and the tech-heavy Nasdaq<\/a> is off more than 2%.<\/p>\n

ProShares is active in the cryptocurrency space \u2014 operating more than a dozen cryptocurrency ETFs. It launched the ProShares CoinDesk 20 Crypto ETF (KRYP)<\/a> last month. It’s up nearly 5% since the Iran war began, but the fund is off about 7% since its early February debut. <\/p>\n

Despite bitcoin’s recent strength, it’s still down more than 40% from its record high of $126,198 reached last October.<\/p>\n

Stock Chart IconStock chart icon\"hide<\/p>\n

Bitcoin’s volatile year<\/p>\n

Main Management founding partner and CEO Kim Arthur thinks bitcoin is in a classic crypto winter<\/a> \u2014 a so-called phenomenon that tends to happen every four years. According to Arthur, it’s in the bottoming stage. <\/p>\n

“Bitcoin was trading at $125,000 five months ago. So, it was down 50-plus percent when this conflict erupted,” he said in the same interview. “I do like the fact that it’s outperformed a lot of other asset classes [since the war,] but… you have to widen the lens a little bit on that.”<\/p>\n

Arthur, who has exposure to bitcoin, indicates he’s taking a passive investing approach to the cryptocurrency right now.<\/p>\n

“For myself as an asset allocator and a portfolio manager… I look at bitcoin as my benchmark, and then I bench everything else against that,” said Arthur, who added bitcoin has been an extremely difficult master to beat particularly since 2021.<\/p>\n

The digital currency has gained about 15% over the past five years.<\/p>\n

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"A bitcoin comeback may be underway. Just as the cryptocurrency was kicking off its latest winning week, ProShares’…\n","protected":false},"author":2,"featured_media":339411,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[147304,159141,19126,951,1678,166329,933,9184,941,114,357,9509,4631,166328,184,25913,144656,22814,144655,85,942,87,46,190,1008,31791,55843,166330,3310,1760,125,196,2201],"class_list":["post-339410","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-gc26j","tag-si26k","tag-alternative-investments","tag-bitcoin","tag-bitcoin-usd-coin-metrics","tag-bitwise-10-crypto-index-fund","tag-breaking-news-economy","tag-breaking-news-investing","tag-breaking-news-markets","tag-business","tag-business-news","tag-coinbase-global-inc","tag-cryptocurrency","tag-cryptocurrency-exchanges","tag-economy","tag-exchange-traded-funds","tag-fidelity-wise-origin-bitcoin-fund","tag-gold-comex-dec25","tag-grayscale-bitcoin-trust-etf","tag-il","tag-investment-strategy","tag-iran","tag-israel","tag-markets","tag-nasdaq-composite","tag-personal-investing","tag-precious-metal-markets","tag-proshares-coindesk-20-crypto-etf","tag-sp-500-index","tag-stock-markets","tag-technology","tag-wall-street","tag-war"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/339410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=339410"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/339410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/339411"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=339410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=339410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=339410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}