New Rich People From Bitcoin Increase By More Than 100 Percent, Here's The Proof!

Bitcoin was born to new rich people (OKB) throughout 2024. (Photo; Doc. FinFacts)

JAKARTA - The increase in the price of Bitcoin in recent months has managed to steal the public's attention. The increase in BTC prices also increased the number of new millionaires. Based on Henley & Partners' report, the number of Bitcoin millionaires jumped more than 111% throughout 2024.

This condition reflects the increasing confidence of global investors in Bitcoin as one of the most popular digital assets, especially amid the increasing number of regulatory issues and increasing demand for crypto-based financial instruments such as Bitcoin ETF.

According to the report, in 2024 there are 85,400 individuals who are now Bitcoin millionaires, which is almost half of the total crypto millionaires in the world. This increase is also in line with the increase in the total number of crypto millionaires, which rose 95% to around 172,300 people who have digital assets worth more than 1 million US dollars (Rp15.5 billion).

Apart from millionaires, crypto billionaire groups are also increasing rapidly. Of the 28 crypto billionaires, six of them only joined the list this year, with five of them investing in Bitcoin. This situation solidifies Bitcoin's position as a major choice among crypto investors, with 49% of the 560 million global crypto users owning the asset. Bitcoin holders currently have 275 million people, making it the most popular cryptocurrency in the world.

This increase was driven by several factors, including the approval of 11 Bitcoin spot ETFs in the United States, which attracted nearly US$20 million (Rp310 billion) in investment. The popularity of these ETFs continues to increase as it provides a safer and stricter-regulated alternative to direct trading on crypto exchanges.

In addition, several countries such as Singapore and the United Arab Emirates (UAE) have also encouraged crypto adoption through investor-friendly regulations. The UAE, for example, imposes a zero capital profit tax and allows crypto trading directly from bank accounts, while Singapore continues to strengthen its regulatory framework that focuses on the security of digital asset storage.

Countries like Switzerland are also increasingly attractive to the crypto community with initiatives such as the Crypto Valley in Zug. Not only that, a number of countries in the Caribbean region such as Antigua and Barbuda also apply friendly rules to crypto owners.