Surprisingly, the United States secured the 11th position out of 15 in this ranking, despite the imminent expectations of Bitcoin ETF approval in the country.

As of Jan., based on CoinGecko’s research, Luxembourg claims the top spot among the top 15 countries with the highest Google Search interest in Bitcoin ETF. The country secured a perfect score of 100 points on the Google Trends scale, indicating the keenest interest in searching for information about Bitcoin ETF on Google.

St. Louis Helena secured the second position with 97 points, followed by Singapore at third with 94 points, and Switzerland in fourth place with 91 points. Austria rounds out the top 5 with a score of 86.

As per CoinGecko’s expert analysis, the United States’ absence from the top of the ranking implies that the expectations among retail Bitcoin ETF investors in the country may not be as prevalent.

Crypto in numbers

In 2023, DL News revealed that around 1,000 crypto companies across the European Union successfully secured a Virtual Asset Service Provider (VASP) license. New analytical projections indicated a significant surge, with the total number of these entities expected to reach 11,597 by the conclusion of 2023.

The research identified Italy, France, Spain, Estonia, the Netherlands, Bulgaria, and Slovenia among the top 10 countries with the highest concentration of crypto companies.

According to Triple-A’s research, with 27.67% of the 9.5 million population actively engaged in cryptocurrency, the UAE emerges as the country with the highest concentration of cryptocurrency enthusiasts. 

Google Trends indicated a substantial interest in Bitcoin ETFs in the UAE, with the data for December surpassing the maximum score of 100 out of 100 points.

The search query dynamics for Bitcoin ETFs in the UAE. | Source: Google Trends

Behind the UAE, Vietnam comes in second place, with a crypto adoption rate of 21.19%. There’s also significant interest in crypto assets across Saudi Arabia (17.53%), the United States (14.36%), Singapore (13.93%), Iran (13.46%), and the Philippines (13.43%). 

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