Crypto Tax Burden Stifling India’s Market, Bitcoin ETFs Offer a Lifeline

India’s cryptocurrency market faces significant challenges due to its harsh tax policies, leading investors to question their future in the space. Despite high trading volumes of ₹1 crore daily, traders are frustrated by the 30% flat taxation on crypto profits and a 1% TDS rule for all transactions. This stringent regime eliminates opportunities for strategic tax planning and protection from losses. Indian investors currently face a frustrating landscape without any room for tax optimization or loss offsetting. However, Bitcoin ETFs offer a potential solution for navigating this complex regulatory environment.