Key Points
- Grayscale’s new survey shows US voters are turning to Bitcoin and crypto.
- 47% of voters surveyed expect their portfolios to include crypto.
The US elections are scheduled for November 5, and American voters’ feelings about Bitcoin and crypto are coming into focus, according to new Grayscale reports.
Via X, the firm revealed important findings from Harris Poll’s latest longitudinal survey.
Harris Poll conducted a survey on behalf of Grasycale on voters in the 2024 US Election which reinforces the findings from the first phase.
This was the latest longitudinal survey from Phase 2 and shows that American voters continue to be interested in crypto.
There have been important shifts in interest and perception around owning digital assets and how crypto is seen in the current political landscape.
65% of voters believe Bitcoin is an investment in the future of blockchain
The report reveals that 65% of voters who own Bitcoin believe that this is an investment in the future of blockchain technology.
53% of questioned voters see Bitcoin as a way to pay for things digitally or as a global currency while 36% see Bitcoin as a speculative investment.
Regarding the impact of Inflation on Interest in owning Bitcoin, more than 21% of voters are interested.
Geopolitical tensions and inflation trigger interest in Bitcoin
The survey also showed that geopolitical tensions and inflation are leading 41% of voters to look to Bitcoin. This is a larger amount compared to 34% from the last Poll in November 2023.
More than two in five likely voters are reportedly waiting for more policies and regulations before investing in crypto, according to the same report.
47% of voters expect more crypto in portfolios
Grayscale also notes that the growing spotlight on crypto is not limited to just Bitcoin. Instead, this extends to a broader view of crypto assets, both in terms of general interest and a willingness to invest.
Voters are now expecting more crypto in their portfolios. The percentage is 47% compared to the numbers from last November of 40%.
Crypto is a bipartisan political issue
The Grayscale report reveals that, according to the survey’s results, crypto is a bipartisan issue with similar ownership rates among Republicans and Democrats, of 18% and 19% respectively.
Still, as we recently revealed, former US President Donald Trump has been showing increased support for crypto in the US.
According to the survey, Republican voters tend to view issues regarding inflation and the economy as the most pressing ones that the country is facing. Also, issues related to Bitcoin and crypto are reportedly valued more by Republicans.
The survey was conducted online within the US between April 30th and May 2nd among 1,768 adults who plan to vote in the 2024 Presidential Election.
