Report: India's richest people believe that cryptocurrency is a good investment, most tend to invest in bitcoin

According to Financial Express, Indian high-net-worth individuals believe that cryptocurrency is a good investment, but they are more inclined to invest in bitcoin than other cryptocurrencies, a report by Hurun India shows that although real estate is India's super richest preferred investment assets, but they are also considering investing in cryptocurrency. About one-tenth of respondents said they will invest in digital currency over the next three years, making it the fourth most popular future investment asset after real estate, equities and fixed income. The report shows that most people choose to invest in bitcoin, accounting for 30%, ETH (8.74%) and XRP (6.80%) ranked second and third. Only 6% of respondents said they would invest in other cryptocurrencies. Nearly half of the respondents said they know very little about cryptocurrencies.