Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin
Published . Updated .
Defense Secretary Pete Hegseth reported at least $3.1 million in assets as he faces an impeachment push in Congress over his handling of the Iran war.
Directly affected
- No company is named in this report.
Indirectly affected
- FRO Frontline
Tanker operators earn more when freight rates spike
- INSW International Seaways
Tanker operators earn more when freight rates spike
- DHT DHT Holdings
Tanker operators earn more when freight rates spike
- TNK Teekay Tankers
Tanker operators earn more when freight rates spike
- USO United States Oil Fund
Oil prices move when Iranian supply is at risk
- XLE Energy Select Sector SPDR
Energy companies move with Iran supply risk
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- IBIT iShares Bitcoin Trust
This price moves with the crypto market
- DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
Defense Secretary Pete Hegseth reported at least $3.1 million in assets as he faces an impeachment push in Congress over his handling of the Iran war.
Source: CNBC Top
How far IShares U.S. Aerospace & Defense ETF (ITA) has moved since 24 Sep 2026
Since the first closing price after “Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin,” IShares U.S. Aerospace & Defense ETF (ITA) is -2.87%. The S&P 500 fund (SPY) is -0.62% over the same days, a -2.26% difference versus the market. industrial stocks (XLI) is -2.19%, a -0.68% difference versus that group of stocks.
IShares U.S. Aerospace & Defense ETF (ITA) on one side of this defense story
Companies carried with this story
- ITA IShares U.S. Aerospace & Defense ETF
IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin.” Reason on file: Material security escalation can alter defense demand expectations and risk premia
- XAR Spdr Series Trust
Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin.” Reason on file: Material security escalation can alter defense demand expectations and risk premia
- BITB Bitwise Bitcoin ETF
For “Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin,” Bitwise Bitcoin ETF (BITB) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITU Proshares Ultra Bitcoin Etf
In “Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin,” Proshares Ultra Bitcoin Etf (BITU) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITX 2X Bitcoin Strategy Etf
In “Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin,” 2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GBTC Grayscale Bitcoin Trust ETF
For “Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin,” Grayscale Bitcoin Trust ETF (GBTC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- IBIT iShares Bitcoin Trust ETF
In “Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: GA selected IBIT as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GLD Spdr Gold Trust
In “Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin,” Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can affect safe-haven and macro-risk proxies; this is a monitoring relationship, not a directional prediction
IShares U.S. Aerospace & Defense ETF (ITA) and the defense link
The 24 Sep 2026 story “Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin” names IShares U.S. Aerospace & Defense ETF (ITA) because of Defense.
IShares U.S. Aerospace & Defense ETF (ITA) is on the page because Material security escalation can alter defense demand expectations and risk premia
Also listed, Spdr Series Trust (XAR): Material security escalation can alter defense demand expectations and risk premia
What this defense story puts on the calendar
BITB traded between 43.26 and 47.30 across 20 sessions. The latest close on file is 44.34. ITA traded between 201.08 and 217.79 across 20 sessions. The latest close on file is 207.60. XAR traded between 216.28 and 245.40 across 20 sessions. The latest close on file is 223.20.
How solid the defense case looks
46 out of 100
“Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin” scores 46 out of 100. The score uses 1 sources, and 10 linked companies.