The global crypto millionaire count has reached an unprecedented 241,700, representing a 40% year-on-year increase, according to Henley & Partners’ Crypto Wealth Report released this week. The firm attributed the rise to a sharp rally in Bitcoin and a broader crypto market capitalization that surpassed $3.3 trillion by mid-2025.
The crypto millionaire count also expanded at higher tiers of wealth. The number of crypto centimillionaires — individuals holding digital assets worth over $100 million — rose 38% to 450, while the global tally of crypto billionaires climbed 29% to 36.
“This significant growth coincides with a watershed year for institutional adoption,” — Henley & Partners, in the report.
Change in Bitcoin crypto millionaires, centimillionaires, and billionaires year-on-year. Source: Henley & Partners
Institutional adoption fuels market expansion
Henley’s data suggests that Wall Street confidence has played a decisive role in lifting the crypto millionaire count. A wave of institutional inflows followed crypto-friendly policy actions by the Trump administration, which encouraged major public companies and financial firms in the United States to increase exposure to digital assets.
US-based spot Bitcoin exchange-traded funds (ETFs) saw inflows grow from $37.3 billion to $60.6 billion so far in 2025, while spot Ether ETFs expanded fourfold to $13.4 billion. Investment advisory firms and hedge funds led the activity, boosting their Ether ETF holdings to $1.35 billion and $688 million, respectively, with brokerage houses and private equity firms also expanding their stakes.
The trend highlights how institutional adoption is not just increasing the crypto millionaire count but reshaping global digital asset markets.
Bitcoin dominance drives wealth creation
Bitcoin remains the cornerstone of the latest surge in the crypto millionaire count. The number of Bitcoin millionaires alone rose 70% year-on-year to 145,100, outpacing broader market gains. The count of Bitcoin centimillionaires jumped 63% to 254, while Bitcoin billionaires grew 55% to 17.
Phillipp Baumann, founder of financial research and asset management firm Z22 Technologies, told Henley that Bitcoin is increasingly viewed as “the base currency for accumulating wealth” among investors.
Despite this surge in high-net-worth individuals, total global crypto user adoption grew only 5%, reaching 590 million by mid-2025. This suggests that while everyday adoption remains gradual, the crypto millionaire count continues to concentrate wealth among early movers and institutional participants.
Migration hotspots for crypto wealth
Henley, which advises wealthy clients on citizenship and residency, also ranked top destinations for crypto migration in its report. The United States, Singapore, and Hong Kong led the list, followed by Switzerland and the United Arab Emirates.
The firm’s Crypto Adoption Index evaluated factors such as infrastructure, innovation, regulation, economic environment, and tax-friendliness. Smaller nations including Costa Rica, El Salvador, Greece, Latvia, Panama, New Zealand, and Uruguay were also highlighted for developing strategies to attract digital asset investors.
The findings underline how the record crypto millionaire count is not just reshaping markets but also influencing global migration patterns, as governments position themselves to benefit from high-net-worth crypto holders.
Moses Edozie is a writer and storyteller with a deep interest in cryptocurrency, blockchain innovation, and Web3 culture. Passionate about DeFi, NFTs, and the societal impact of decentralized systems, he creates clear, engaging narratives that connect complex technologies to everyday life.