47% of US Voters Plan to Add Crypto to Their Portfolios as per Recent Survey
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Over 1,700 people who are likely to vote in the US participated in the survey. Compared to 2023, 47% of respondents now plan to use crypto in their investing portfolios. A recent Harris Poll study of American voters indicated that inflation and geopolitical worries have made more and more people resort to Bitcoin. The poll, which was sponsored by Bitcoin ETF issuer Grayscale, found that one-third of American voters will think about a candidate’s position on cryptocurrency before casting their ballot. Over 1,700 people who are likely to vote in the US participated in the survey. At least seventy-three percent of respondents think presidential candidates in the United States should have some “informed perspective” on cryptocurrency. Crypto Investment Interest Peaks As a result of inflation, geopolitical tensions, and the weakening U.S. currency, 41% of probable voters are paying more attention to Bitcoin and other crypto assets, up from 34% in November 2023, according to the survey. In addition, compared to last year, 47% of respondents now plan to use cryptocurrency in their investing portfolios. Bitcoin, with its transparent and hard-capped quantity, is appealing because inflation is still the top issue for voters (28%). Eighteen percent of voters have shown a greater interest in investing in Bitcoin and other crypto assets since events like the halving in April 2024 and the U.S. spot Bitcoin ETF approval in January 2024. Notably, after the ETF approval, 9% of retiree voters said they were more interested in investing in crypto assets or Bitcoin. In 2024, Grayscale emphasized Bitcoin’s stellar rise, culminating in its new all-time high price on March 13. Not only is Bitcoin being watched, but a wider variety of crypto assets are as well. Nearly one-third of voters (32%) said they are more receptive to learning about or investing in cryptocurrency compared…
Filed under: News - @ June 3, 2024 6:12 pm