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Global Bitcoin ownership estimated at 5%, India ranks first

Bitcoin ownership is estimated at about 5% of the world’s population, with India accounting for the largest number of holders, according to figures published by on-chain analyst Willy Woo. Woo’s country-level table, posted on September 1, places worldwide adoption in a range of 4.5% to 6%, equivalent to roughly 370 million to 500 million people. India is estimated to have about 68 million Bitcoin…

Bitcoin ownership is estimated by on-chain analyst Willy Woo to be around 5% of the world's population, translating to roughly 370 million to 500 million people. India leads among countries with approximately 68 million Bitcoin holders, making up 4.6% of its population and the highest total among the 25 countries listed. The United States follows in second place with an estimated 50 million holders, while China ranks third with 33 million.

Despite India's high absolute holder count, its penetration rate of Bitcoin ownership is modest due to its large population. Vietnam leads in Bitcoin ownership rate at 17% of its population, followed by the United Arab Emirates at 16%, Argentina at 15%, and the United States, Turkey, and the Philippines at 14%.

Written by urgent.news from Arabian Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thearabianpost.com →

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