The number of global cryptocurrency millionaires has surged 95% in the past year as Bitcoin ETFs and other crypto assets climb, according to a new report. According to a report by New World Wealth and Henley & Partners, 172,300 individuals worldwide currently hold more than $1 million in crypto assets, a significant increase from 88,200 last year. The number of pure-player Bitcoin millionaires has more than doubled to 85,400.
There are now 325 crypto deca-millionaires (those holding $100 million or more in crypto assets), and 28 crypto billionaires, the report shows. The surge reflects the rapid growth of the Bitcoin ETF, which has surpassed $50 billion in assets since its launch in January and has sparked a wave of institutional participation. Bitcoin prices have risen 45% this year to about $64,000. As the value of other cryptocurrencies has risen, the market capitalization of crypto assets has grown to $2.3 trillion, up from $1.2 trillion last summer. (CNBC) #binancepizza
