According to a new report from Henley & Partners, the number of crypto millionaires has grown by 40% year-over-year to 241,700.
The number of people with crypto assets exceeding $100 million has grown by 38% to 450, while the number of crypto billionaires by the end of June 2025 has increased by 29% to 36.
This significant growth coincides with a pivotal year for institutional adoption, according to Henley & Partners analysts.
Public-sector companies and large financial firms are increasingly betting on cryptocurrencies, particularly in the US, as the Trump administration's crypto-friendly policies have instilled confidence in Wall Street to invest, fueling the market's growth. By mid-year, its market capitalization exceeded $3.3 trillion. According to Henley & Partners, the year-over-year increase in the number of crypto millionaires was "driven by a sharp increase in the number of Bitcoin millionaires," which increased by 70% to 145,100. Meanwhile, the number of Bitcoin billionaires increased by 55% to 17.
Meanwhile, the total number of cryptocurrency users increased by only 5% to 590 million.
Analysts named Singapore, Hong Kong, and the United States as the best countries for crypto investors. Switzerland and the UAE also made the top five in terms of digital asset adoption.