Indian Billionaire Nikhil Kamath Holds No Bitcoin Yet — But Why?

Nikhil Kamath, the co-founder of Zerodha and one of India's youngest billionaires, has made a surprising admission: he holds zero Bitcoin. In a landscape where crypto evangelism often sounds like a broken record, Kamath's stance cuts through the noise.

The Skeptic's Portfolio

While his peers chase digital gold, Kamath bypasses the hype. His reasoning? A classic finance principle: don't invest in what you don't fully understand—or as some Wall Street veterans might call it, the 'I missed the boat and now I'm calling it prudent' strategy.

Market Signals vs. Personal Conviction

This isn't a bearish call on crypto's infrastructure or potential. It's a personal risk assessment. Kamath's move highlights a growing divide: between those who see decentralized finance as the inevitable future and traditionalists who still view volatility as a four-letter word.

The Billionaire's Blind Spot?

In an era where asset diversification increasingly means holding digital assets, standing on the sidelines is itself a bold position. It begs the question—is this a calculated avoidance of speculative mania, or a generational blind spot in the making? Only time, and perhaps Kamath's future portfolio, will tell. After all, in finance, the biggest fortunes are often made by betting against the consensus—until they're not.

In a discussion with CoinDCX CEO Sumit Gupta on X, Kamath admitted he currently holds zero Bitcoin and described his knowledge of cryptocurrecny as limited. He added that he plans to learn more about blockchain and cryptocurrency in 2026.

Despite engaging with high-profile global leaders, Kamath remains cautious about directly investing in digital assets. “I hold none, never have, honestly don’t know enough to comment,” he said.

Why Top Indian Institute Leaders Stay Cautious

Kamath’s stance reflects broader trends in India, where regulatory uncertainty and high taxation remain barriers for crypto adoption. Cryptocurrency gains in India are taxed at 30%, and clear rules around trading and usage are still evolving.

Although the country ranks in crypto adoption or transaction, mainly on a retail basis. SB Seker, head of APAC at Binance, also emphasized that regulatory clarity is key for institutional crypto adoption in India.

Now as the government is gradually moving towards a safer way in digital assets, the fear among the organization could be less intensified. Adding on to the rally, the growing demand and craze of the decentralized products also attracts users worldwide. 

Crypto Popularity and Global Appeal

Globally, cryptocurrencies like bitcoin are seen as hedges against inflation, digital stores of value, and tools for cross-border transactions. Where largest economies are exploring stablecoins and digital coin reserves, companies are entering with ETFs, and their own trust asset’s reserves. 

Global cryptomarket cap soared to $2.95 trillion, with volume reaching $65.86 billion. ETFs saw millions of transactions in daily routine. 

As for individuals, top key figures are openly involving and promoting cryptocurrencies. From one of the richest people – Elon Musk to the U.S. President Donald Trump, they all admire and accept the growing growth. 

Conclusion: Learning Before Investing

Nikhil Kamath revelation underscores the reality that even prominent investors are taking a measured approach to cryptocurrencies. While digital assets like Bitcoin continue to gain popularity worldwide, regulatory clarity, risk assessment, and personal understanding remain critical.