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Grayscale Poll: U.S. Voters Want Presidential Candidates to Understand Crypto

CoineditionCoinedition2024/07/06 11:16
By:Nynu V Jamal
  • Grayscale’s Harris Poll survey highlights the growing significance of crypto in the US economy.
  • Nearly one-third of the voters are more interested in Bitcoin and crypto following the launch of Bitcoin ETFs.
  • 25% of the voters will start investing in Ether if the Spot Ether ETF is approved.

A new Grayscale Harris Poll survey reveals that U.S. voters increasingly view cryptocurrency as a key issue in the upcoming presidential election, with significant interest in potential Bitcoin and Ethereum ETFs. This growing interest comes as the two leading candidates, Republican Donald Trump and Democrat Joe Biden, present contrasting visions for the future of crypto in the U.S.

Despite initial skepticism, Trump has promised supporters a positive crypto future leading up to the election, becoming the first U.S. presidential candidate to accept campaign donations in Bitcoin . Though Biden has taken a more cautious stance, voters across party lines hold similar crypto ownership rates, with 18% of Republicans and 19% of Democrats owning crypto.

Crypto journalist Colin Wu highlighted on X (formerly Twitter) that the survey found nearly 25% of U.S. voters would be more likely to invest in Ethereum if a Spot Ethereum ETF were approved.

While Bitcoin’s prominence is growing in the U.S., interest extends beyond it. Approximately 32% of voters expressed a desire to learn more about cryptocurrencies and crypto investments. 23% see crypto as a good long-term investment, and 47% plan to include it in their portfolios.

An earlier phase of the survey, conducted in May 2024, found that 77% of voters believe presidential candidates should improve their understanding of crypto. The survey also cited favorable economic conditions as a factor driving increased crypto acceptance and adoption, with nearly 50% of respondents expressing interest in crypto investments.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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