Bitcoin ETF global popularity ranking: Luxembourg and Singapore lead the pack, while China and the U.S. lag behind.

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The 15 Countries Most Interested in Bitcoin ETFs

According to a report by CoinGecko, based on Google search trends from various countries, Luxembourg, Saint Helena, and Singapore are among the top countries showing the most interest in Bitcoin ETFs globally.

Among the 15 countries worldwide most interested in Bitcoin ETFs, 4 countries have already launched Bitcoin spot ETFs, namely Switzerland, Germany, Canada, and Australia. Additionally, 5 of these countries are in Europe.

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.

This data covers search trends from January 2019 to January 2024, where numbers such as 100 for Luxembourg represent the highest level of interest compared to the total search volume. However, it is worth noting that countries with lower search interest may simply have a lower overall usage of the Google search engine.

Are Gamblers the Most Eager for Bitcoin ETFs?

Despite the United States ranking low in global search trends, CoinGecko has analyzed the search trends by state within the U.S.

Interestingly, the state most interested in Bitcoin ETFs in the U.S. is Nevada, home to the famous gambling city of Las Vegas. Following Nevada is the District of Columbia with a score of 93, and New Jersey and New Hampshire with scores of 88 and 87, respectively.

CoinGecko suggests that the search interest for Bitcoin ETFs across U.S. states is relatively evenly distributed, indicating that public expectations for the first Bitcoin spot ETF in the U.S. are not exceptionally high.