Crypto.com’s annual Crypto Market Sizing Report revealed a 34% surge in global cryptocurrency owners in 2023, reaching 580 million by December from 432 million in January. Bitcoin ownership rose 33%, hitting 296 million, constituting 51% of global owners. Ethereum ownership grew 39% to 124 million, making up 21% of global owners. The report attributes Bitcoin’s growth to ETF development and the Bitcoin Ordinals protocol. Institutional interest fueled Bitcoin adoption, while Ethereum’s rise was linked to liquid staking post-Shanghai Upgrade.
Number of Crypto Owners Globally Reached 580 Million in 2023, Report Shows
