Global Ranking of Bitcoin ETFs: Luxembourg and Singapore Leading the Way, China and the US Falling Behind

Contents
Toggle
The 15 Countries Most Interested in Bitcoin ETFs
Are Gamblers the Most Anticipating Bitcoin ETFs?
The 15 Countries Most Interested in Bitcoin ETFs
According to a report from CoinGecko, Luxembourg, St. Helena, and Singapore are among the top countries worldwide in terms of interest in Bitcoin ETFs, based on Google search trends.
Furthermore, among the 15 countries worldwide most interested in Bitcoin ETFs, four countries have already introduced Bitcoin spot ETFs, namely Switzerland, Germany, Canada, and Australia. Additionally, five of these countries are in Europe.
Although the United States is also among the top 15 countries in terms of interest, its score is only 45, tied with Portugal and Australia.
Advertisement – Continue reading below
This data covers search trends from January 2019 to January 2024. The numbers (e.g. 100 for Luxembourg) represent the highest level of interest compared to the total search volume. However, the inaccuracy lies in the fact that countries with lower search interest may simply not commonly use the Google search engine.
15 Countries Ranked by Interest
Are Gamblers the Most Anticipating Bitcoin ETFs?
Despite ranking low in global search trends, CoinGecko still conducted a search trend ranking for each state in the United States.
The state most interested in Bitcoin ETFs in the United States is Nevada, the location of the famous gambling city, Las Vegas. Following that is the District of Columbia with a score of 93, and New Jersey and New Hampshire with scores of 88 and 87, respectively.
CoinGecko believes that the relatively even search proportions for Bitcoin ETFs across states in the US indicate that public expectations for the country’s first Bitcoin spot ETF are not as high as imagined.
CoinGecko
Google Search Trends
Bitcoin Spot ETF
Additional Reading
Is the Approval of a Bitcoin ETF Really Important? Venture Partner Adam Cochran: Short-term Impact is Minimal
US Non-Profit Organization Criticizes Bitcoin Spot ETF Again: Worthless Gambling Chips