All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

BTC,SPY: Total Return Chart (with Dividends Reinvested)

Wed 2024-07-31? to Tue 2025-05-20 YTD
Return 		TR
Price
BTC × 		+13.37%
2025-05-20 		1.64 TR
2025-05-20
Grayscale Bitcoin Mini Trust (BTC) Exchange-Traded Fund
SPY × 		+1.46%
2025-05-20 		24.25 TR
2025-05-20
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Returns

BTC,SPY - Total Return Chart
Date
--
BTC
--
BTC (Trendline)
--
SPY
--
SPY (Trendline)
--
Wed 2024-07-31? to Tue 2025-05-20 Overall
Return 		Exponential
Trendline
BTC × 		+63.98%
+85.25%/yr 		+94.83%/yr
(R2=0.573)
Grayscale Bitcoin Mini Trust (BTC) Exchange-Traded Fund
SPY × 		+8.65%
+10.90%/yr 		+2.60%/yr
(R2=0.019)
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Growth of $10,000

Wed 2024-07-31? to Tue 2025-05-20 Start
Value 		End
Value
BTC × 		$10,000.00
2024-07-31 		$16,398.09
2025-05-20
Grayscale Bitcoin Mini Trust (BTC) Exchange-Traded Fund
SPY × 		$10,000.00
2024-07-31 		$10,865.18
2025-05-20
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Annual Returns

Year BTC SPY
2025 (YTD) +13.37% +1.46%
2024 +44.64% +24.89%
2023 — +26.18%
2022 — −18.18%
2021 — +28.73%
2020 — +18.33%
2019 — +31.22%
2018 — −4.57%
2017 — +21.71%
2016 — +12.00%
2015 — +1.23%
2014 — +13.46%
2013 — +32.31%
2012 — +15.99%
2011 — +1.89%
2010 — +15.06%
2009 — +26.35%
2008 — −36.79%
2007 — +5.15%
2006 — +15.85%
2005 — +4.83%
2004 — +10.70%
2003 — +28.18%
2002 — −21.58%
2001 — −11.76%
2000 — −9.74%
1999 — +20.39%
1998 — +28.69%
1997 — +33.48%
1996 — +22.50%
1995 — +38.06%
1994 — +0.40%
1993 — +8.71%

Drawdowns

BTC,SPY - Total Return Drawdowns Chart
Date
--
BTC
--
SPY
--
Wed 2024-07-31? to Tue 2025-05-20 Current
Drawdown 		Worst
Drawdown
BTC × 		0.00% −28.14%
2025-04-08
Grayscale Bitcoin Mini Trust (BTC) Exchange-Traded Fund
SPY × 		−2.99% −18.76%
2025-04-08
SPDR S&P 500 ETF Trust Exchange-Traded Fund