Which Countries Are Most Interested in Bitcoin ETFs?
Luxembourg, St. Helena, Singapore and Switzerland lead global interest in Bitcoin ETFs, with search interest scores in the 90th percentile on Google Trends.
While the US managed to make into the top 15 countries most interested in Bitcoin ETFs, it only scored 45 and tied with Portugal and Australia. In other words, US interest in Bitcoin ETFs is less than half of Luxembourg’s interest, indicating that retail investor anticipation for Bitcoin exposure may not be widespread yet.
Established spot Bitcoin ETF markets dominate the rankings: Among the top 15 countries most interested in Bitcoin ETFs, 4 are countries where spot Bitcoin ETFs are already incorporated, namely Switzerland, Germany, Canada and Australia. Another 5 are European countries, reinforcing the region’s leadership in mainstream crypto adoption.
Excluding the tax havens, Brazil is the only country that did not make it into the top 15 rankings for Bitcoin ETF interest, despite the 2 spot Bitcoin ETFs incorporated there.
Rank Country Search Interest Score for Bitcoin ETFs
1 Luxembourg 100
2 St. Helena 97
3 Singapore 94
4 Switzerland 91
5 Austria 86
6 Germany 76
7 Canada 74
8 Netherlands 72
9 Hong Kong 66
10 Cyprus 63
11 Slovenia 52
12 United States 45
13 Portugal 45
14 Australia 45
15 China 43
Which States in the US Are Most Interested in Bitcoin ETFs?
The US state most interested in Bitcoin ETFs is Nevada, which is home to the gambling city of Las Vegas. Nevada recorded the highest search interest score of 100, just ahead of the 93 scored by capital city Washington DC. New Jersey and New Hampshire follow closely behind in their interest towards Bitcoin ETFs, scoring 88 and 87 respectively.$BTC