CoinGecko: Global spot Bitcoin ETF assets reach $4.16 billion
According to CoinGecko, the global assets invested in spot Bitcoin ETFs currently amount to $4.16 billion, with nearly half ($2 billion) invested in seven spot Bitcoin ETFs launched in Canada since 2021. Canada is also home to the largest Bitcoin ETF in terms of assets under management, with Purpose Bitcoin ETF managing $819.1 million in assets. In addition, ETC Group Physical Bitcoin (BTCE.DE), launched in Germany in June 2020, currently manages assets worth $802 million, making it the second-largest ETF launched to date. The other seven ETFs in Europe are registered in tax havens such as Jersey, the Cayman Islands, and Liechtenstein, with smaller products trading in Brazil and Australia. So far, US regulators have only approved crypto ETFs related to futures contracts, such as ProShares Bitcoin Strategy ETF, which manages assets worth around $1.2 billion. Currently, up to 10 spot ETF applications are waiting for the SEC's approval. CoinGecko's report states, "It remains to be seen whether potential US spot Bitcoin ETFs can attract stronger investor interest and surpass Canadian and German ETFs." (Reuters)
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.
You may also like
Trump admits his statement of "ending the Russia-Ukraine conflict within 24 hours" was a joke
Data: BlackRock and six other entities account for 88% of tokenized treasury issuance
Top 5 Altcoins Between $100M–$1B with 5x Growth Potential in 2025

Bitcoin Bounce Triggers Rally: 4 Real World Asset Tokens Gain Over 80%

Trending news
MoreCrypto prices
More








