Crypto Market Nears India GDP Size

Bitcoin has moved closer to the mainstream as an investment option, with strong returns and growing acceptance, according to Mukesh Jindal, Senior Partner at Alpha Capital.

The global crypto

capitalisation has now reached nearly $4 trillion, which he compared to the size of the Indian economy. Bitcoin alone accounts for $2.3 trillion, already about 10% of gold’s $23 trillion market size, he noted.

“Bitcoin has gone up by seven times in the last two years from $17,000 to $117,000. It’s the newest asset class we have, because it came only in January 2009 and your other asset classes, like real estate or commodities, have been there for thousands of years,” Jindal said in a recent interaction.

Jindal pointed to the rapid success of Bitcoin exchange-traded funds (ETFs), particularly in the US, which have attracted assets of $150 billion in just 18 months. “It’s the fastest growing and the largest ETF in such a short span of time,” he said.

Despite the growth, he cautioned investors against overexposure. “Investors should not allocate a large part of the portfolio in crypto. I think up to 5% of the portfolio allocation in crypto or Bitcoin should be fine,” he advised.



Jindal

also suggested a systematic approach to investing. He recommended that retail investors use monthly Systematic Investment Plans (SIPs) over a long horizon instead of trading frequently, as this can help average out costs and reduce risks.

On the choice of cryptocurrencies, Jindal was clear that Bitcoin remains the most stable option. With more than 65% dominance of the crypto market, he called it the only “blue chip,” while warning that most altcoins remain far riskier.



In India, he noted rising

interest from high-net-worth individuals and family offices, though regulatory uncertainty still keeps many advisors cautious. At the same time, younger investors are driving the conversations around crypto, forcing financial advisors to prepare themselves better to address client queries.

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