US dominates global BTC spot ETF market with 83.3% share

"The United States has overtaken Canada in terms of country share of the global BTC spot ETF market," according to a report by CoinGecko. "The 10 BTC spot ETF products approved in the U.S. earlier this year have $347.8 billion in assets under management. Given the global BTC spot ETF market size of $41.7 billion, the U.S. has a dominant market share of 83.3%. Meanwhile, Canada remains resilient, with six spot ETF products trading and total assets under management rising to $3.09 billion from $2.79 billion in December last year. In Europe, BTC spot ETFs have $3.67 billion in assets under management, representing 8.8% of the global market share.