From 2023 to 2024, the number of millionaires holding at least $1 million $BTC grew by 111%, reaching 85,400 individuals, almost half of all cryptocurrency asset millionaires. What’s the secret behind this?
In fact, BTC has not only helped countless investors achieve a leap in wealth, but in 2024, it also created five new billionaires, bringing the total number of BTC billionaires to 28. This astonishing growth is not only due to the scarcity of BTC itself but also related to the increasingly open regulatory policies adopted by more countries worldwide.
Taking the United States as an example, the approval of 11 spot BTC ETFs greatly promoted the popularity of $BTC . These ETFs have attracted nearly $20 million in investments, showing that more and more investors are willing to participate in the cryptocurrency market through regulated funds. Singapore and the UAE have also adopted very open policies to support crypto assets, such as the UAE abolishing capital gains tax, allowing Dubai residents to trade cryptocurrencies directly using bank accounts, and Singapore releasing new custodial guidelines and amendments to payment services laws, which promote the development of the entire digital asset ecosystem.
The open policies of these countries have undoubtedly injected new vitality into crypto assets and made more people aware that BTC can bring significant wealth appreciation. $BTC has become one of the most popular investment choices; whether for millionaires or billionaires, BTC is paving their way to wealth.
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