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Currently, spot Bitcoin ETFs are provided in 8 countries around the world: Canada accounts for 48.2%, ranking first.

Currently, spot Bitcoin ETFs are provided in 8 countries around the world: Canada accounts for 48.2%, ranking first.

Cointime2023/11/28 08:45
By: Cointime
BTC-0.90%

According to a report from CoinGecko, there are only 8 countries worldwide where spot Bitcoin exchange-traded funds (ETFs) are registered: Canada, Germany, Brazil, and Australia, as well as tax havens Jersey, Liechtenstein, Guernsey, and the Cayman Islands. This means that if the US Securities and Exchange Commission (SEC) approves the application for a spot Bitcoin ETF, the US could become the ninth country to register a spot Bitcoin ETF. Currently, Canada has the most spot Bitcoin ETFs with 7, totaling $2 billion in assets. This represents 48.2% of the $4.16 billion in spot Bitcoin ETF assets worldwide. Another leading country is Germany, which has only one spot Bitcoin ETF with total assets of $802.52 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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