Crypto Wealth Explodes: Millionaires Up 40%, Billionaires Up 29% in ‘Watershed Year’

Wealth in the crypto sector has skyrocketed in what is being called a “watershed year for institutional adoption.”

A new report reveals the number of crypto millionaires has jumped by 40% to 241,700, while the billionaire count has risen 29% to 36.

The driver? Massive institutional investment. Inflows into US spot Bitcoin ETFs have surged to $60.6 billion, and Ether ETF inflows have quadrupled, helping to push the entire crypto market past a $3.3 trillion valuation and creating a new class of crypto-rich individuals.