Global Ranking of Bitcoin ETFs: Luxembourg and Singapore Lead, China and the United States Fall Behind
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15 countries most interested in Bitcoin ETF
The most anticipated Bitcoin ETF, are they gamblers?
15 countries most interested in Bitcoin ETF
According to a report from CoinGecko, Luxembourg, Saint Helena, and Singapore are among the top countries in terms of interest in Bitcoin ETF based on Google search trends worldwide.
Furthermore, among the top 15 countries globally interested in Bitcoin ETF, four countries have already launched Bitcoin spot ETFs, namely Switzerland, Germany, Canada, and Australia. Additionally, five of them are European countries.
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.
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This data covers search trends from January 2019 to January 2024, where the number (e.g., 100 for Luxembourg) represents the highest level of interest compared to the total search volume. However, it should be noted that countries with lower search interest may simply not commonly use the Google search engine.
Ranking of interest in 15 countries
The most anticipated Bitcoin ETF, are they gamblers?
Despite the United States ranking low in global search trends, CoinGecko still conducted a search trend ranking for each state in the US.
Nevada, the home of the famous gambling city Las Vegas, has the highest interest in Bitcoin ETF among US states. It is followed by Washington, D.C. with a score of 93, and New Jersey and New Hampshire with scores of 88 and 87, respectively.
CoinGecko believes that the relatively equal search proportion for Bitcoin ETF across US states indicates that public expectations for the first Bitcoin spot ETF in the US are not as high as imagined.
CoinGecko
Google search trends
Bitcoin spot ETF
Further reading
Is the approval of 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.
