According to a new report, the number of crypto billionaires rose 40% year-on-year to 241,700, driving Bitcoin price rallies and a wider crypto market valuation of over $3.3 trillion by mid-2025.
The number of Crypto Centmillionaires (someone with over $100 million) rose 38% to 450, while the number of Crypto billionaires had risen from 29% to 36 by the end of June.
“This significant growth coincides with the fork for institutional adoption,” Henry said.
Public companies and major financial companies are increasingly betting on cryptocurrency cryptocurrencies, especially in the US. This has helped boost the market value as the Trump administration’s crypto-friendly policy action has given Wall Street’s confidence to invest.
So far, in 2025, inflows into funds traded on US-based Bitcoin Exchange have increased from $37.3 billion to $60.6 billion, while inflows of Spot Ether (ETH) ETFs have risen four times to $13.4 billion.
Investment advisory firms and hedge fund managers scoop up their most spot ETH ETFs in the second quarter, increasing their holdings to $1.35 billion and $688 million, while brokerages and private equity firms also increased their positions.
Bitcoin billionaires see “dramatic surges”
Henry said the increase in the number of crypto billionaires over the year “is fueled by a dramatic surge in Bitcoin billionaires.”
Bitcoin billionaires rose 70% annually as Bitcoin outperformed the wider market between July 2024 and June 2025.
The Bitcoin Centimerion count also jumped to 63% to 254, but the billionaires rose to 55%.
Phillip Baumann, founder of financial research and quantitative asset management company Z22 Technologies, told Henley that part of the increase could be attributed to becoming a “basic currency for accumulating wealth” for more investors.
Despite the increase, recruitment by total Crypto user counts increased by only 5% to 590 million.
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Henry’s findings are based on an internal wealth tier model, and used separate modeling to determine the number of crypto billionaires, Centimerion Air and billionaires, along with information from CoinMarketCap, Binance, and Ethereum Block Explorer Etherscan.
Inside the top-level move location in Crypto
Henley advises wealthy clients, including crypto investors, on citizenship and residency, ranking in Singapore, Hong Kong and the US, and ranks as the biggest destination for crypto migration.
Switzerland and the United Arab Emirates concluded the top five crypto adoption indexes for the company. This took into consideration public recruitment, infrastructure adoption, innovation and technology, the regulatory environment, economic factors and tax-friendly.
However, small countries such as Costa Rica, El Salvador, Greece, Latvia, Panama, New Zealand and Uruguay all noted that they have developed strategies to attract digital asset investors.
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