Bitcoin

<ul><li>The number of global crypto millionaires has nearly doubled in 2024, reaching 172,300.</li><li>Spot BTC ETFs have collected over $50B in assets, boosting institutional investments.</li><li>Singapore ranks top for crypto millionaires seeking tax-friendly regulatory settings.</li></ul>The wealth of cryptocurrency investors has suddenly surged in 2024, with a large increase in the number of crypto millionaires globally. This surge is largely seen after the successful introduction of spot Bitcoin exchange-traded funds (ETFs) and other burgeoning crypto assets.Growth StatisticsAccording to the latest <a href="https://www.henleyglobal.com/publications/crypto-wealth-report-2024?data&#61;34fi897denis39tko48omelchenko8kvye932" rel="noopener noreferrer nofollow">report</a> by New World Wealth and Henley &amp; Partners, the global count of individuals possessing over $1 million in cryptocurrencies has escalated to 172,300, marking a 95% rise from the previous year. This notable increase shows the growth of the financial base within the crypto sphere, led by<a href="https://cryptotale.org/bitcoin-etfs-attract-533-6m-inflows-as-institutional-interest-peaks-report/" rel="noopener noreferrer nofollow"> institutional investments</a> flowing into newly launched spot Bitcoin ETFs.Related: <a href="https://cryptotale.org/net-inflow-for-us-bitcoin-spot-etfs-reaches-383m-blackrock-and-fidelity-lead/" rel="noopener noreferrer nofollow">Net Inflow for US Bitcoin Spot ETFs Reaches $383M, BlackRock and Fidelity Lead</a>Investor DemographicsThe report also sheds light on the demographic shifts among the wealthy, with a new cadre of crypto millionaires and billionaires emerging. Specifically, the number of crypto centimillionaires has grown to 325, while the billionaires&#39; circle has welcomed 28 members. These figures highlight the lucrative nature of substantial cryptocurrency investments, particularly in Bitcoin.<a href="https://cryptotale.org/rise-of-crypto-wealth-millionaires-increase-by-95-in-2024/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Rise of Crypto Wealth: Millionaires Increase by 95% in 2024

CryptoTale

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