Among major asset classes, Bitcoin has outperformed gold and large equity markets for three consecutive years, according to Compound Capital Advisors CEO Charlie Bilello.
Bitcoin registered a return of 66.5% in 2021, outpacing both the gains generated by the commodity index (41.4%) and the 40.5% profits printed by US real estate investment trusts.
In addition to outperforming the US Large Caps index and the Nasdaq 100 index, Bitcoin performed better than the S&P 500 and the Nasdaq 100 index. In 2021, both indices returned 28.7% and 27.4%, respectively.
In addition to Bitcoin's stellar performance this year, BTC posted gains of 301% in 2020 and 95% in 2019.
However, from a return perspective, the top crypto asset in 2021 pales in comparison to other digital assets like Shiba Inu, Polygon and Terra.
It is estimated that Shiba Inu gained 3,413,999,900% in 2021. In the same period, Polygon, a blockchain scaling solution, grew 14,091%, while Terra, a payment network for decentralized finance, rose 12,954%.
Other crypto assets that performed relatively better than Bitcoin include Solana, a scalable blockchain designed to make decentralized applications easier to develop, and meme crypto Dogecoin.
A profit of 11,146% was recorded by Solana and a gain of 3,602% by Dogecoin in 2021.
A report by Charlie Bilello, who tracks the performance of crypto markets, reveals that the value of all digital assets had grown from $10.6 billion at the end of 2013 to $2.36 trillion as of 2021, a staggering rise of 22,164% in eight years.