**Crypto Millionaires Surge in 2024**
The number of Bitcoin millionaires has skyrocketed by 111% over the past year, with 85,400 individuals now holding over $1 million in BTC, according to the Crypto Wealth Report 2024 by Henley and Partners.
- **Overall Crypto Millionaires:** The total number of crypto millionaires globally has surged by 95%, reaching 172,300.
- **Centi-Millionaires and Billionaires:** The elite group of crypto centi-millionaires (over $100 million) grew by 79% to 325, while six new crypto billionaires emerged, bringing the total to 28.
- **Bitcoin's Dominance:** Bitcoin remains a significant driver, with five out of six new billionaires attributed to BTC investments.
- **Price Growth:** Bitcoin's price has soared 142% in the past year, from $26,100 to $63,100.
- **ETF Impact:** The introduction of spot Bitcoin ETFs has been a key factor, with over $200 million in inflows on Aug. 26 alone.
This rapid growth highlights the increasing interest and investment in the cryptocurrency market.