- Grayscale's Harris Ballot highlights the rising significance of cryptocurrencies within the US financial system.
- Nearly one-third of voters are extra considering Bitcoin and cryptocurrencies after the launch of Bitcoin ETFs.
- 25% of voters will begin investing in Ether if the Spot Ether ETF is accredited.
A brand new Grayscale Harris Ballot reveals that US voters more and more see cryptocurrency as a key problem within the upcoming presidential election, with appreciable curiosity in potential Bitcoin and Ethereum ETFs. This rising curiosity comes as the 2 front-runners, Republican Donald Trump and Democrat Joe Biden, current opposing visions for the way forward for cryptocurrency within the US.
Regardless of preliminary skepticism, Trump promised his supporters a constructive crypto future forward of the election and have become the primary US presidential candidate to simply accept marketing campaign donations in bitcoin. Though Biden has taken a extra cautious stance, voters throughout occasion strains have related cryptocurrency possession charges, with 18% of Republicans and 19% of Democrats proudly owning cryptocurrencies.
Crypto journalist Colin Wu on X (previously Twitter) highlighted {that a} survey discovered that almost 25% of US voters could be extra more likely to put money into Ethereum if the Spot Ethereum ETF was accredited.
Whereas Bitcoin is rising in significance within the US, the curiosity extends past it. About 32% of voters expressed a need to study extra about cryptocurrencies and crypto-investing. 23% contemplate cryptocurrency an excellent long-term funding and 47% plan to incorporate it of their portfolios.
An earlier section of the ballot, carried out in Could 2024, discovered that 77% of voters imagine presidential candidates ought to enhance their understanding of cryptocurrencies. The survey additionally cited favorable financial situations as an element resulting in elevated adoption and adoption of cryptocurrencies, with practically 50% of respondents expressing an curiosity in investing in cryptocurrencies.
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