Geopolitics Alpha

White House adviser defends President Trump's crypto ties in wake of Clarity Act defeat

Published . Updated .

President Donald Trump's crypto adviser, Patrick Witt, accused Democrats of unfairly amplifying Trump's crypto ties as a political weapon.

Directly affected

  • CRCW Crypto

    Named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
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LMT———————
RTX———————
NOC———————
GD———————
IBIT———————
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President Donald Trump's crypto adviser, Patrick Witt, accused Democrats of unfairly amplifying Trump's crypto ties as a political weapon.

Source: CoinDesk

The price since 23 Sep 2026: Bitwise 10 Crypto Index ETF (BITW) versus the S&P 500

Since the first closing price after “White House adviser defends President Trump's crypto ties in wake of Clarity Act defeat,” Bitwise 10 Crypto Index ETF (BITW) is -5.65%. The S&P 500 fund (SPY) is -0.09% over the same days, a -5.56% difference versus the market.

BITW
SPY

Who gains and who loses around Bitwise 10 Crypto Index ETF (BITW)

Companies carried with this story

  • BITW Bitwise 10 Crypto Index ETF

    In “White House adviser defends President Trump's crypto ties in wake of Clarity Act defeat,” Bitwise 10 Crypto Index ETF (BITW) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BLOX Nicholas Crypto Income Etf

    In “White House adviser defends President Trump's crypto ties in wake of Clarity Act defeat,” Nicholas Crypto Income Etf (BLOX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • EZPZ Franklin Crypto Trust

    For “White House adviser defends President Trump's crypto ties in wake of Clarity Act defeat,” Franklin Crypto Trust (EZPZ) is linked, with no stored direction, medium confidence. Reason on file: GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FDIG Fidelity Crypto Industry And Digital Payments Etf

    For “White House adviser defends President Trump's crypto ties in wake of Clarity Act defeat,” Fidelity Crypto Industry And Digital Payments Etf (FDIG) is linked, with no stored direction, medium confidence. Reason on file: GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GDLC Grayscale CoinDesk Crypto 5 ETF

    Grayscale CoinDesk Crypto 5 ETF (GDLC) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “White House adviser defends President Trump's crypto ties in wake of Clarity Act defeat.” Reason on file: GA selected GDLC as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Bitwise 10 Crypto Index ETF (BITW)

The 23 Sep 2026 story “White House adviser defends President Trump's crypto ties in wake of Clarity Act defeat” names Bitwise 10 Crypto Index ETF (BITW) because of this story.

Bitwise 10 Crypto Index ETF (BITW) is on the page because GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Nicholas Crypto Income Etf (BLOX): GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Price levels for Bitwise 10 Crypto Index ETF (BITW)

BITW traded between 51.43 and 56.92 across 20 sessions. The latest close on file is 52.47. BLOX traded between 11.35 and 15.12 across 20 sessions. The latest close on file is 11.52. EZPZ traded between 20.36 and 21.94 across 12 sessions. The latest close on file is 20.59.

A simple score for Bitwise 10 Crypto Index ETF (BITW)

40 out of 100

“White House adviser defends President Trump's crypto ties in wake of Clarity Act defeat” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.