The US emerged as the largest investor in spot Bitcoin exchange-traded funds (ETFs) in 2024, while Canada, which launched its first spot Bitcoin ETF, suffered major losses.

US spot Bitcoin ETFs accounted for 100% of the $44.2 billion in crypto exchange-traded product (ETP) inflows in 2024, making the US the world’s largest holder of Bitcoin ETFs by assets under management (AUM).

Canada saw a record $707 million in crypto ETP outflows in 2024, suggesting investors are turning to more liquid US alternatives.

Why is the US the leader in Bitcoin ETFs? Share your thoughts in the comments.