Grayscale’s Harris Poll survey underscores the increasing importance of cryptocurrency in the United States economy.
In the forthcoming presidential election, a new Grayscale Harris Poll survey indicates that cryptocurrency is becoming a significant issue for U.S. electors, with a substantial interest in prospective Bitcoin and Ethereum ETFs. The two leading candidates, Republican Donald Trump and Democrat Joe Biden, have presented divergent visions for the future of crypto in the United States, which has resulted in a growing interest in the cryptocurrency.
Trump has become the first U.S. presidential contender to accept Bitcoin campaign contributions, despite early skepticism; he has also guaranteed supporters a good crypto future in the run-up to the election. Despite the fact that Biden has adopted a more cautious approach, the percentage of crypto ownership among voters is consistent across political parties. Specifically, 18% of Republicans and 19% of Democrats own crypto.
On X (formerly Twitter), crypto journalist Colin Wu emphasized that the survey revealed that nearly 25% of U.S. voters would be more inclined to invest in Ethereum if a Spot Ethereum ETF were approved.
Although Bitcoin’s popularity is increasing in the United States, it has garnered interest beyond its borders. Approximately 32% of respondents expressed a desire to acquire additional information regarding cryptocurrencies and crypto investments. At least 23% of respondents regard cryptocurrency as an advantageous long-term investment, while 47% intend to incorporate it into their portfolios.
In May 2024, an earlier phase of the survey revealed that 77% of voters believe that presidential candidates should enhance their comprehension of cryptocurrency. The survey also identified favorable economic conditions as a contributing factor to the increased acceptance and adoption of crypto, with nearly 50% of respondents expressing interest in crypto investments.
Also Read: Bolivia Lifts Crypto Ban to Reduce Dollar Shortage and Fuel Economy
Wallets