# Zerodha CEO on crypto and prediction markets boom

> Zerodha CEO Nithin Kamath says crypto and prediction markets attract mainstream investors through greed and FOMO.
- Title: Zerodha CEO on crypto and prediction markets boom · mint
- Summary: Zerodha CEO Nithin Kamath says crypto and prediction markets attract mainstream investors through greed and FOMO.
- Keywords: zerodha, nithin kamath, cryptocurrency, prediction markets, fomo, us markets, crypto derivatives, etfs, stablecoins, nfts, defi, robinhood
- Source: mint — https://livemint.com/market/stock-market-news/zerodha-ceo-nithin-kamath-on-cryptocurrency-prediction-markets-boom-nothing-expands-the-markets-like-greed-fomo-11794289135575.html
- Author: Pranati Deva
- Published: 2026-11-10T06:02:22+00:00
- Read time: 1 min
- Topics: zerodha, nithin kamath, cryptocurrency, prediction markets, fomo, us markets, crypto derivatives, etfs, stablecoins, nfts, defi, robinhood
## Zerodha CEO Nithin Kamath
Zerodha CEO Nithin Kamath says the US market has changed sharply since COVID, as crypto derivatives, ETFs and prediction markets attract mainstream participation.
## Crypto and prediction markets growth
Crypto trading has moved beyond fringe status with futures, ETFs, stablecoins, NFTs and DeFi now mainstream.
## Prediction markets mainstream
Prediction markets have become mainstream, with Robinhood benefiting from their growth as a revenue source.
## Financial literacy boost
Dogecoin and internet memes have improved financial literacy more than traditional financial education efforts.
## Market risks warning
Easy access to speculative products can expose individuals and society to gambling-like risks and financial losses.
## Market volatility
Bitcoin fell 2% to $73,708 and Ether declined 5% to $2,223, both at their weakest levels since August.
## Market expansion
Kamath states that nothing expands markets like greed, FOMO and market craziness.
## Speculative assets gateway
Kamath sees speculative assets as a potential gateway to investing for individuals previously outside financial markets.
## Market risks warning
Easy access to speculative products can expose individuals and society to gambling-like risks and financial losses.
## Key takeaway

Zerodha CEO Nithin Kamath states speculative assets like crypto and prediction markets expand markets via greed and FOMO.