https://www.reddit.com/r/Bitcoin/comments/185sr99/there_are_already_8_countries_where_btc_etf_is/

There are already 8 countries where BTC ETF is active. Why will USA BTC ETF make a difference?

Countries with Active Spot Bitcoin ETFs

1. Canada

2. Germany

3. Jersey

4. Brazil

5. Liechtenstein

6. Guernsey

7. Australia

8. Cayman Islands 

    

    

   bars2021

   • 1y ago • Edited 1y ago •

   Why?

   The reason being is that of the 109 trillion dollar global stock market

   • Canada, for example, holds only 2.7%

   • Austrailia 1.5%

   • Jersey, Guernsey are part of the Channel Islands stock exchange which was later changed to the International Stock Exchange controls 460B or 0.003%

   • The EU which includes Lietchtenstein and Germany controls 11.1% an extremely generous blanket for those 2.

   • Brazil has about 988B or 0.008%

   • Cayman Islands is on the CSX exchange and currently has an US$804 billion or 0.0075%

   Let's call it about 15% total.

   The United States, controls a whopping 42.5%. of the global stock market assets.

   So hell yea it'll make a big difference.