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)