Bitcoin Gains Nearly 90% Since Spot ETF Debut
Bitcoin (BTC) has posted a substantial gain of nearly 90% since the launch of U.S. spot exchange-traded funds (ETFs), establishing itself as a top-performing asset. This price appreciation starkly contrasts with the performance of traditional markets, with BTC significantly outpacing the S&P 500 index over the same period. The data provides a clear counter-narrative to claims that investor interest in Bitcoin has waned following the initial ETF excitement.
Analyst Data Rebuts Bearish Criticisms
The performance figures emerged as part of a public debate, with ETF analyst Nate Geraci directly challenging claims from gold advocate Peter Schiff. Schiff had asserted that Bitcoin was one of the worst-performing assets on Wall Street since most investors gained access to it. Geraci's analysis, highlighting the nearly 90% return, serves as a direct, data-backed rebuttal to this bearish sentiment. This outperformance reinforces the "digital gold" thesis for many investors, strengthening Bitcoin's case as a diversifying component within a traditional investment portfolio and potentially attracting more capital from traditional finance.
