๐จ Most people think BITCOIN is a Western asset. Think again.
๐ฎ๐ณ ๐๐ก๐๐๐ is now the 2nd largest holder of BTC.
Here is what the data says:
โข India holds 1 million BTC, 5.1% of the total supply
โข Mostly held by retail investors, with smaller wallet sizes
โข US still leads, but Europe is surprisingly far behind
โข Institutional ownership in India? Practically ZERO
That is retail dominance.
Now imagine what happens when ETFs and institutions join in?