Crypto SIPs Rise in India Despite Bitcoin Price Drop

• Crypto SIPs in India increased across major exchanges despite falling prices.
• Platforms including Mudrex, CoinSwitch, and CoinDCX reported strong year on year growth.
• Analysts say investors are using SIPs to accumulate Bitcoin and Ethereum during market dips.

Crypto SIPs in India are gaining traction even as major digital assets remain below recent highs.

Data shared with BusinessLine shows that several leading Indian exchanges recorded strong growth in systematic investment plans tied to cryptocurrencies.

Notably, the increase occurred during a period of market correction for major tokens.

Crypto SIPs in India Rise Across Major Exchanges

Between October 2025 and January 2026, Indian platforms reported a noticeable rise in SIP participation.

Mudrex recorded one of the strongest increases. The company said the number of new SIPs initiated during that period rose about 70% year over year.

Meanwhile, CoinSwitch reported 25% growth in SIP adoption across its user base of roughly 2.5 crore investors.

Growth was even sharper at CoinDCX. The exchange said SIP initiations increased from 50,000 to 174,000, representing roughly a threefold annual jump.

The trend indicates continued retail engagement despite volatile market conditions.

Bitcoin and Ethereum Prices Correct Sharply

The surge in SIP activity coincided with a period of price weakness among major cryptocurrencies.

Bitcoin traded above $120,000 in October 2025 but fell to roughly $78,635 by January 2026.

Similarly, Ethereum dropped from a high of $4,758 in October to about $2,449 by January.

Despite these declines, many investors continued allocating capital through periodic investment plans rather than reducing exposure.

Investors Use SIPs to “Buy the Dip”

Industry executives attribute the growth partly to investors seeking to accumulate assets during price corrections.

Ashish Singhal, co founder of CoinSwitch, said higher SIP adoption reflects a shift in how investors view crypto assets.

According to Singhal, regular investment plans indicate long term participation rather than opportunistic trading. He noted that crypto is increasingly becoming part of broader investment planning.

Edul Patel, CEO of Mudrex, echoed that view. He said a large share of new SIPs target established cryptocurrencies such as Bitcoin, Ethereum, and Solana.

That allocation pattern suggests investors are prioritizing long term value rather than short term speculation.

Average Investment Sizes Remain Stable

Despite rising participation, the average SIP ticket size has changed little year over year.

Sumit Gupta, co founder of CoinDCX, said many users now spread their capital across multiple SIP plans rather than increasing the size of individual investments.

That approach allows investors to diversify exposure while maintaining disciplined investment habits.

Analysts Warn of FOMO in Corrections

However, not all observers interpret the trend as purely strategic.

Dhirendra Kumar, founder and CEO of Value Research, said price corrections often attract new investors motivated by the fear of missing out.

He argued that speculative assets can draw fresh participation during downturns because investors assume they are entering at a bargain price.

Therefore, the recent surge may reflect both disciplined investing and speculative behavior.

Crypto SIPs in India are expanding even as leading cryptocurrencies trade below their recent peaks.

The data suggests that many investors view market corrections as opportunities to accumulate digital assets through systematic investment plans.

However, analysts caution that sentiment during downturns can mix long term conviction with speculative optimism.

For now, the rise in SIP participation indicates that crypto continues to attract steady retail interest in India despite ongoing price volatility.