According to a report, the number of crypto millionaires has increased by 95% compared to last year, with Bitcoin holders playing a significant role in this growth.

Increase in Crypto Millionaires

According to Henley & Partners, the number of crypto millionaires rose by 95% from last year, reaching 172,300 individuals. Of these, 85,400 have fortunes mostly in Bitcoin, making Bitcoin millionaires account for 49.6% of the total crypto millionaires. The number of crypto billionaires is also increasing, with five out of the six new billionaires in 2024 primarily accumulating wealth through Bitcoin.

ETFs and Regulatory Frameworks

In the US, the approval of 11 spot Bitcoin ETFs encouraged more investors to adopt Bitcoin. With $20 million invested in these ETFs, the interest in their spot products has grown. Leading countries such as Singapore and the UAE are supporting cryptocurrency sector growth with progressive laws and the UAE's zero capital gains taxes.

Countries Supporting Crypto Growth

Switzerland's renowned Crypto Valley in Zug stands as an example of favorable conditions for digital assets. Caribbean countries like Antigua and Barbuda have also started implementing forward-thinking legislation to attract digital asset entrepreneurs.

Given the growth in crypto millionaires and the factors driving this process, further increased interest in digital assets worldwide can be expected.