
08/08/2025
India Surges To Second Place In Global Bitcoin Holdings, Behind Only The U.S.
FinanceFeeds
Cryptos booming in India: But are you losing half in taxes in 2025?
Business Today
Yes, recent estimates suggest that India has emerged as the world's second-largest holder of Bitcoin, behind only the United States.
Key takeaways
Significant Holdings: India's estimated Bitcoin holdings are approximately 1 million BTC, representing about 5.1% of the total circulating supply, according to FinanceFeeds.
Driven by Retail Investors: This growth in Bitcoin ownership is largely driven by a massive and tech-savvy retail investor base, rather than institutional investors.
Challenges and Opportunities: This surge in Bitcoin ownership in India comes despite a 30% capital gains tax and a 1% TDS on crypto profits.
Call for Regulatory Clarity: The rise in India's Bitcoin holdings highlights the increasing need for clear regulatory frameworks to balance innovation and minimize risks in the evolving digital finance landscape.