Finshots Daily Are Indians buying more Bitcoin?
Aug 8, 2025
Discover how India is emerging as a major player in the Bitcoin market, potentially ranking among the top holders worldwide. The discussion highlights the contrasting investment strategies of high net worth individuals versus retail investors. Explore the changing perspectives on cryptocurrency in India and what these trends suggest for the future of digital investments.
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India's Significant Bitcoin Holding
- India holds nearly 5% of the global Bitcoin supply, making it the second largest holder after the US.
- Bitcoin is India's top-held and top-traded cryptocurrency, with significant adoption among both retail and high-net-worth investors.
Bitcoin Capital Concentration
- Most Bitcoin trading volume in India comes from a small group of just 3,500 high-net-worth investors.
- The crowd of retail investors is large, but capital is heavily concentrated at the top.
HNIs' Strategic Bitcoin Use
- High-net-worth Indians include Bitcoin as a small allocation in their portfolios to seek high upside returns.
- They benefit from better access to advisors, global products, and the network effect of Bitcoin.