What if you invested in Coinbase in 2021?

COIN · Financial · Data through 2026-06-01

$

If you invested $1,000 in Coinbase in 2021

$620today
-38.0% total return|-8.3% annualized

The same $1,000 in the S&P 500 would be worth $2,196(+119.6%)

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The S&P 500 returned $2,196 on the same $1,000. S&P 500 outperformed by $1,577.

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Growth of $1,000

Coinbase vs. S&P 500 vs. US Dollar, 2021 to present

Coinbase
S&P 500
US Dollar

Year-by-Year Returns

$1,000 invested in Coinbase starting January 2021

YearPriceValueAnnual
2021$297.64$1,000-
2022$190.15$639-36.1%
2023$58.48$196-69.2%
2024$128.20$431+119.2%
2025$291.33$979+127.2%
2026$194.74$654-33.2%

What this return means

Coinbase (COIN) is one of the losers in this dataset. That stake is worth $620 as of 2026-06-01, a -38.0% move that left you with less than you started with after 5.5 years.

That averages out to -8.3% a year, meaning the position shrank in compound terms across the 5.5-year window. The same $1,000 in an S&P 500 index fund would be about $2,196 over the identical span, so the index came out ahead by roughly $1,577. The index compounded at about 15.4% a year, a reminder that a single stock can lag a basket of them.

The path was not smooth. The best single year was 2025 at +127.2%, and the worst was 2023 at -69.2%. At its lowest point the position was down about 80% from an earlier high. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.

Treat this as history rather than advice. Past performance does not guarantee future results.

Numbers worth sharing

Occasional data drops when something interesting surfaces. No schedule, just signal.

For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.