According to PANews, the number of global crypto millionaires has soared 95% over the past year as Bitcoin exchange-traded funds and other crypto assets have climbed, according to a report by New World Wealth and Henley & Partners.
There are now 172,300 people worldwide holding more than $1 million in crypto assets, up from 88,200 last year. The number of pure Bitcoin millionaires more than doubled to 85,400.
The ranking of crypto-rich has climbed to the top of the wealth ladder. There are currently 325 crypto multi-millionaires and 28 crypto billionaires.
Of the six new cryptocurrency billionaires created in the past year, five can attribute their newfound wealth to Bitcoin. “This highlights its dominance in attracting long-term investors who buy large amounts of the asset,” said Andrew Amoils, head of research at New World Wealth.
