My trusty old Canon 60d has both the above settings, and initially made sense to me, until I read an answer to a letter found in PhotoPlus (June 2016)…
Q… Should I shoot in AdobeRGB or sRGB for the best results when I shoot in Raw?
A… It doesn’t matter. A Raw file has no colour space until it’s processed, and the rear LCD can’t show the extra colours in an AdobeRGB image. If you first choose AdobeRGB, the first character of the file name will be an underscore, eg: _MG0001.CR2. I use sRGB for this reason alone.
So, if this the case, why would Canon offer both modes, and not just one? I mean doesn’t it seem pointless having two modes which do the same thing?