Surveys Show Crypto's Growing Influence in U.S. Elections Post-Bitcoin ETF Approval

Oct 17, 2024, 04:33 PM

A series of recent surveys highlight the growing influence of cryptocurrency on U.S. elections. According to a Harris Poll conducted for Grayscale, 46% of respondents believe that crypto and blockchain are the future of finance, and 34% consider candidates' crypto positions before voting. A Gemini survey earlier this year found that 73% of crypto owners say a candidate's stance on crypto will impact their vote. The Crypto Voter Bloc National Survey reveals that 1 in 7 likely voters prioritize crypto policy, with about 40% of Black voters considering it significant. Additionally, nearly one-third of voters have shown increased interest in Bitcoin and crypto following the approval of a spot Bitcoin ETF. The Grayscale CLO noted that most U.S. voters prefer a pro-crypto candidate. Furthermore, 19% of U.S. voters already hold crypto, and 1 out of 3 voters are preparing to invest in the next 12 months. These findings suggest that cryptocurrency is becoming a mainstream issue in political campaigns, with candidates potentially leveraging pro-crypto stances to connect with a rapidly growing voter base.