Grayscale Ballot: US Voters Need Presidential Candidates to Perceive Crypto

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  • Grayscale's Harris Ballot survey highlights the rising significance of cryptocurrencies within the U.S. financial system.
  • Following the launch of a Bitcoin ETF, roughly one-third of voters are exhibiting elevated curiosity in Bitcoin and cryptocurrencies.
  • If a Spot Ethereum ETF have been accredited, 25% of voters would begin investing in Ethereum.

In keeping with a brand new survey by Grayscale Harris Ballot, American voters are more and more viewing cryptocurrencies as a key concern within the upcoming presidential election and are extremely concerned about the potential for a Bitcoin or Ethereum ETF. This elevated curiosity comes as the 2 main candidates, Republican Donald Trump and Democrat Joe Biden, have laid out contrasting visions for the way forward for cryptocurrencies in the USA.

Regardless of preliminary skepticism, Trump promised his supporters a shiny future for cryptocurrencies within the run-up to the election, changing into the primary US presidential candidate to just accept marketing campaign contributions in Bitcoin. Biden has taken a extra cautious stance, however crypto possession charges are related throughout celebration traces, with 18% of Republicans and 19% of Democrats proudly owning cryptocurrencies.

Cryptocurrency journalist Collin Wu highlighted on X (previously Twitter) {that a} survey confirmed that roughly 25% of U.S. voters could be extra more likely to put money into Ethereum if a spot Ethereum ETF have been accredited.

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Bitcoin is gaining traction within the U.S., however curiosity is spreading outdoors the U.S. Some 32% of voters stated they want to be taught extra about cryptocurrencies and cryptocurrency investing, 23% see cryptocurrencies as a long-term funding, and 47% plan to incorporate it of their portfolios.

An preliminary survey performed in Could 2024 discovered that 77% of voters imagine presidential candidates ought to have a higher understanding of cryptocurrencies. The survey additionally cited favorable financial circumstances as an element driving elevated cryptocurrency acceptance and adoption, with roughly 50% of respondents expressing curiosity in investing in cryptocurrencies.

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