Would-be voters are warming to crypto, says Grayscale
Nearly half of Americans who plan to go to the polls in November anticipate including cryptocurrencies in their future investment portfolios, according to new survey findings from Grayscale Investments.
The crypto behemoth’s newest research comes as the second phase of a broader study titled “2024 Election: The Role of Crypto,” which delves into Americans’ views on crypto, the financial system, and how these factors might influence their voting behavior in the upcoming US elections.
Carried out online by The Harris Poll between April 30 and May 2 among 1,768 adults planning to vote in the 2024 presidential election, the survey indicates a significant shift toward cryptocurrency interest driven by the current economic climate.
Two-fifths (41 percent) of likely voters are paying closer attention to Bitcoin and other crypto assets amid geopolitical tensions, inflation, and a weakening US dollar, up from 34 percent in the first survey phase conducted in November 2023. Additionally, 47 percent of respondents now expect some portion of their investment portfolio to include crypto, compared to 40 percent last year.
“This is a timely survey given the latest developments related to crypto policy on the Hill. Likely American voters from across the political spectrum indicate a heightened interest in investing in crypto assets and in supporting candidates well-versed in the emerging technologies,” Zach Pandl, Grayscale’s head of research, said in a statement.
Last week proved pivotal for the crypto industry, with the bipartisan passing of the FIT21 Act in the House on Wednesday and the SEC’s Thursday decision to allow US exchanges to list spotether ETFs.
Grayscale’s latest survey also highlights that crypto is not viewed as a
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