Fidelity: "Bitcoin (BTC) and Gold Rank Last in Returns Side-by-Side"

▲ Bitcoin (BTC), Gold/AI-generated image

An unusual scene unfolded where Bitcoin (BTC), a leader in risky assets, and gold, a representative safe-haven asset, were simultaneously pushed to the very bottom of global investment returns.

According to U.Today, a cryptocurrency specialized media outlet, on July 8 (local time), Jurrien Timmer, Global Macro Director at Fidelity Investments, unveiled the company's periodic table of investment returns. Timmer stated, "Looking at the rankings up to June, emerging markets, small-cap stocks, and Japan are at the top, while Bitcoin, gold, and bonds are at the very bottom."

Emerging markets, small-cap stocks, and the Japanese stock market took the lead in returns. In contrast, Bitcoin, gold, and long-term bonds remained at the very bottom of the investment returns table, showing weaker performance than most liquid assets.

In Fidelity's table, the orange segment representing Bitcoin was concentrated at the bottom of the 2026 column. This clearly showed in the returns ranking that Bitcoin experienced strong relative underperformance this year compared to other major liquid asset classes.

Long-term government bonds and spot gold also ranked at the bottom, right next to Bitcoin. This is an unusual trend where Bitcoin, an aggressive digital risky asset, and gold, a conservative physical store of value, are simultaneously in the worst-performing return bracket.

Timmer recently stated that short-term speculative funds have left both Bitcoin and gold. In Fidelity's June returns ranking, emerging markets, small-cap stocks, and the Japanese stock market led, while Bitcoin, gold, and long-term bonds remained at the bottom.

[Article Key Summary]

-Bitcoin, gold, and long-term bonds remained at the bottom of Fidelity's investment returns ranking.

-Emerging markets, small-cap stocks, and the Japanese stock market topped the returns ranking until June.

-Timmer recently stated that short-term speculative funds have left both Bitcoin and gold.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*