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First spot Bitcoin ETFs show moderate gains but lag behind direct Bitcoin investment returns.

Market News
07 Jul 2026
Finbold
View Source
Bullish
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Since the launch of the first spot Bitcoin ETFs, such as Canada's Purpose Bitcoin ETF in 2021 and multiple U.S. spot Bitcoin ETFs in 2024, investors have seen moderate gains. A $1,000 investment in the Canadian ETF would have grown by about 14.34%, while direct Bitcoin investment rose 22.47% over the same period. Similarly, the Grayscale Bitcoin Trust ETF conversion in 2024 yielded a 22.43% gain, still trailing Bitcoin's 36.22% increase. The approval of spot Bitcoin ETFs has shifted institutional attitudes positively, but debate continues on their impact on Bitcoin's price trends and market cycles.

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