Crypto millionaires at report degree with ‘watershed yr for institutional adoption’

The variety of crypto millionaires has risen by 40% year-on-year to 241,700, fueled by Bitcoin’s value rally and the broader crypto market valuation pushing previous $3.3 trillion by mid-2025, based on a brand new report.

The variety of crypto centimillionaires — folks with crypto holdings above $100 million — rose 38% to 450, whereas the crypto billionaire depend jumped 29% to 36 by the tip of June, wealth and citizenship advisory agency Henley & Companions mentioned in its Crypto Wealth Report on Tuesday.

“This important progress coincides with a watershed yr for institutional adoption,” Henley mentioned. 

Public firms and main monetary companies have more and more guess on cryptocurrencies, particularly within the US, because the Trump administration’s crypto-friendly coverage actions have given Wall Avenue confidence to speculate, which has helped to spice up the market’s worth.

To this point in 2025, inflows into US-based spot Bitcoin exchange-traded funds have elevated from $37.3 billion to $60.6 billion, whereas spot Ether (ETH) ETF inflows have risen fourfold to $13.4 billion.

Funding advisory companies and hedge fund managers scooped up probably the most spot ETH ETFs within the second quarter, growing their holdings to $1.35 billion and $688 million, whereas brokerage and personal fairness companies additionally elevated their positions.

Bitcoin millionaires see “dramatic surge” 

Henley mentioned the elevated variety of crypto millionaires over the yr was “fueled by a dramatic surge in Bitcoin millionaires.”

Bitcoin millionaires rose 70% over the yr to 145,100, partly because of Bitcoin outperforming the broader market between July 2024 and June 2025.

The Bitcoin centimillionaire depend additionally jumped 63% to 254, whereas the variety of billionaires rose 55% to 17.

Phillipp Baumann, founder of economic analysis and quantitative asset administration agency Z22 Applied sciences, informed Henley that a part of the rise is also attributed to Bitcoin turning into the “base foreign money for accumulating wealth” for extra buyers.

Regardless of the rise, adoption by the entire crypto consumer depend solely rose 5% to 590 million.

Associated: Shopping for Bitcoin years in the past wouldn’t have made you wealthy right now, dealer says

Henley’s findings had been primarily based on in-house wealth tier fashions, which used separate modelling to find out the variety of crypto millionaires, centimillionaires, and billionaires, together with info from CoinMarketCap, Binance and the Ethereum block explorer Etherscan.

US amongst prime migration places for crypto

Henley, which advises rich shoppers — together with crypto buyers — on citizenship and residency, ranked Singapore, Hong Kong, and the US as the highest locations for crypto migration.