Which Countries Most Eager For Bitcoin ETF? 11 Nations Surpass US Enthusiasm
Portfolio Pulse from Mehab Qureshi
A study by Coingecko Research based on Google Trends data from January 2019 to January 2024 shows Luxembourg, St. Helena, Singapore, and Switzerland have the highest interest in Bitcoin ETFs, surpassing the US, which ranks 12th. The US shows relatively even interest across states, with Nevada leading. The study also notes that 4 of the top 15 interested countries already have spot Bitcoin ETFs. BTC price is up 1.6% at $45,003.
January 08, 2024 | 1:42 pm
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The article indicates a high global interest in Bitcoin ETFs, especially in countries like Luxembourg, St. Helena, Singapore, and Switzerland, with the US ranking 12th. This interest could potentially lead to increased investment in Bitcoin and Bitcoin-related products, including ETFs, if they become available.
The high search interest in Bitcoin ETFs suggests a strong demand and potential for increased investment in Bitcoin if more ETFs become available, especially in the US. This could lead to a positive short-term impact on Bitcoin's price as anticipation for spot Bitcoin ETFs in the US grows.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70