Canada reported top country for spot Bitcoin ETFs
According to a CoinGecko report dated Nov. 3, only 8 countries around the world offer spot Bitcoin ETFs. Of these countries, Canada is ranked in the top spot for having seven spot Bitcoin ETFs worth a total of $2 billion in total assets. Canada and Europe lead Data from the report shows that Canada and Europe are the main markets for spot Bitcoin ETFs, with the seven in Canada and 10 in Europe. Since spot Bitcoin ETF assets amount to $4.16 Billion globally in total assets across 20 available offerings, Canada at $2 billion makes up 48.2% of the total, with its population of 40 million. 1/ This means that #Canada accounts for 48.2% of the $4.16B in spot Bitcoin ETF assets globally. Another leading country is #Germany , where only one spot Bitcoin ETF is incorporated with an outsized $802.52M in total assets. — CoinGecko (@coingecko) November 3, 2023 After Canada comes Germany, with one incorporated spot Bitcoin ETF and $802.52 million in total assets, alongside oth...