USA and the sec is the only country pretty much that refuses to launch one and we don’t know why. Look at how many stocks go bankrupt like Bed bath and beyond and they head to $0 while they think that bitcoin network might stall and the etf will go to $0, highly unlikely.
as far that I knowUsa has its version of ETF but I is in form of futures contract the SEC is still refuse the spot bitcoin etf https://www.cnbc.com/2023/11/13/spot-bitcoin-etf-approval-is-approaching-experts-say-what-to-know.html
the other country usually follow the us but if hongkrong approved the US might lose the game
