That capture card is cheap Chinese garbage, the infamous Easycap, which earned the nickname Easycrap. All sorts of quality issues exist, and the output looks awful. That card is literally $1 in China, and was sold for £4 shipped to UKback in 2020 (cheapest price I ever saw it shipped for). And yet, not even worth $1.
Most less-than-ideal cards are all the same: Chinese crap USB dongles.
As you approach $100, you start to get into variable quality cards, such as VC500 and Hauppauge, that are all over the place it terms of actual components that determine quality.
Historically, capture cards were always in the $300+ range. Many still are. The fact that you can get some of the best legacy USB cards for $150 range is a steal, and that's not even including inflation over the past 15-20 years.
For comparison, a good USB card is somewhat like a good blender. The $35
Walmart special is a Chinese POS that blends nothing and breaks, while the $100 range Ninja will last you many years, and with quality.
Best of all, you can resell a quality capture card when done, while the cheap card is yours forever and worthless. So negative economics enters the fray, in terms of resale. Good gear holds value.