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RE: LeoThread 2024-08-27 04:13

in LeoFinance4 months ago

Bitcoin rally helps create more than 84,000 new crypto millionaires in a year

The surge reflects the rapid growth of bitcoin exchange-traded funds, which now have more than $50 billion in assets since their launch in January.

The population of crypto millionaires in the world soared 95% over the past year, as bitcoin ETFs and other crypto assets climbed, according to a new report.

There are now 172,300 individuals worldwide holding over $1 million in crypto assets, up from 88,200 last year, according to a report from New World Wealth and Henley & Partners. The number of pure bitcoin millionaires more than doubled, to 85,400.

#bitcoin #crypto #technology

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Impressive growth, but I think they became millionaires some time ago, then stopped being them and then became them again :) !VSC

That could be although the ETFs brought in a lot of different players.

In any case, this indicator is very shaky since we do not know what the situation with bitcoin will be tomorrow, they need to be divided into adamant holders and those who will dump bitcoin tomorrow :) !PIZZA

The ranks of the crypto rich have grown all the way up the wealth ladder. There are now 325 crypto centi-millionaires (those with $100 million or more in crypto holdings), and 28 crypto billionaires, according to the report.

The surge reflects the rapid growth of bitcoin ETFs, which now have over $50 billion in assets since their launch in January and have touched off a wave of institutional participation.