‘Watershed Year’ for Institutions Propels Crypto Wealth to Record Highs

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A “watershed year for institutional adoption” is creating a new wave of crypto wealth, a Henley & Partners report concludes. The proof is in the numbers: a 40% jump in crypto millionaires and a 29% rise in crypto billionaires.

This surge is directly linked to Wall Street’s embrace of digital assets, fueled by supportive US policy.

The report points to staggering inflows into spot Bitcoin ETFs, which grew to $60.6 billion, and a fourfold increase in spot Ether ETF investments as the primary drivers boosting the market past $3.3 trillion and minting new fortunes.