{"id":6908,"date":"2025-01-09T20:47:41","date_gmt":"2025-01-09T20:47:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6908"},"modified":"2025-01-09T20:47:41","modified_gmt":"2025-01-09T20:47:41","slug":"bitcoin-etfs-quadruple-spy-returns-magnificent-7-plays-catch-up","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6908","title":{"rendered":"Bitcoin ETFs Quadruple SPY Returns, Magnificent 7 Plays Catch-Up"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) ETFs delivered over 100% gains in 2024. That\u2019s four times the returns of the <strong>S&amp;P 500<\/strong> index. The <strong>Roundhill Magnificent Seven ETF<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MAGS#NASDAQ\">MAGS<\/a>), meanwhile, lagged at 65%, proving the tech elite can&#8217;t always <a href=\"https:\/\/www.benzinga.com\/crypto\">keep up with crypto<\/a>.<\/p>\n<p>The <strong>SPDR S&amp;P 500 ETF Trust<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/SPY#NYSE\">SPY<\/a>), a reliable proxy for the S&amp;P 500, posted a respectable 24.4% gain over the past year. <\/p>\n<p>It has faltered recently, dropping 2.51% over the last month.<\/p>\n<p><figure class=\"wp-block-image size-full\"><a href=\"https:\/\/bzresearch.myclickfunnels.com\/benzinga-pro-content-webinar-registration\/?utm_source=BZprocontent010925&amp;t=be2bearmibe3na1\"><img loading=\"lazy\" decoding=\"async\" width=\"630\" height=\"494\" src=\"https:\/\/editorial-assets.benzinga.com\/wp-content\/uploads\/2025\/01\/09133705\/Screenshot-2025-01-10-at-12.06.12-AM.png\" alt=\"\" class=\"wp-image-726699\" srcset=\"https:\/\/editorial-assets.benzinga.com\/wp-content\/uploads\/2025\/01\/09133705\/Screenshot-2025-01-10-at-12.06.12-AM.png 630w,https:\/\/editorial-assets.benzinga.com\/wp-content\/uploads\/2025\/01\/09133705\/Screenshot-2025-01-10-at-12.06.12-AM-300x235.png 300w\" sizes=\"auto, (max-width: 630px) 100vw, 630px\"><\/a><\/figure>\n<\/p>\n<p><em><a href=\"https:\/\/bzresearch.myclickfunnels.com\/benzinga-pro-content-webinar-registration\/?utm_source=BZprocontent010925&amp;t=be2bearmibe3na1\" target=\"_blank\" rel=\"noreferrer noopener\">Chart created using Benzinga Pro<\/a><\/em><\/p>\n<p>With the stock price below its eight-, 20- and 50-day simple moving averages, SPY&#8217;s technical outlook remains strongly bearish.<\/p>\n<p>That said, a glimmer of hope lies in its 200-day SMA (simple moving average), which signals a bullish undertone at &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/etfs\/broad-u-s-equity-etfs\/25\/01\/42901797\/bitcoin-etfs-quadruple-spy-returns-magnificent-7-plays-catch-up\" alt=\"Bitcoin\" etfs quadruple spy returns magnificent plays catch-up>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) ETFs delivered over 100% gains in 2024. That\u2019s four times the returns of the S&amp;P 500 index. The Roundhill Magnificent Seven ETF (NASDAQ:MAGS), meanwhile, lagged at 65%, proving the tech elite can&#8217;t always keep up with crypto. The SPDR S&amp;P 500 ETF Trust (NYSE:SPY), a reliable proxy for the S&amp;P 500, posted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-6908","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6908"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6908\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}