According to a recent survey by Grayscale, released on Tuesday, 44% of U.S. voters who do not currently own any cryptocurrency are waiting for more regulatory policies before making a purchase. This indicates that significant new investments could flow into the crypto market once the U.S. government clarifies its stance on digital assets.
Shifts in Interest and Perception
Grayscale’s report noted notable changes in both interest and perception regarding cryptocurrency ownership. These topics are becoming increasingly relevant as the 2024 U.S. presidential election approaches.
NEW POLL: With US elections on the horizon, American voters’ feelings about #crypto are coming into focus. Here are some of the findings from @HarrisPoll’s latest longitudinal survey on behalf of @Grayscale. 1/5
— Grayscale (@Grayscale) May 28, 2024
Read the full report: https://t.co/d3mMEASVh9 pic.twitter.com/YrAf0LCBs2
Views on Bitcoin
The poll revealed that 65% of respondents view holding Bitcoin as “an investment in the future of blockchain technology.” Additionally, 53% see it as “a way to pay for things digitally or a digital currency.” Moreover, 43% consider Bitcoin “a speculative investment,” while 36% regard it as “a digital form of gold or a hedge against inflation.”
Survey Details and Political Implications
The Harris Poll surveyed from April 30 to May 2, gathering responses from 1,768 adults who plan to vote in the upcoming presidential election. The findings highlight the growing importance of digital assets in the political landscape. Notably, 47% of respondents expect to include cryptocurrencies in their investment portfolios in the future, up from 40% in November.
Increased Attention on Cryptocurrencies
Grayscale’s survey also highlighted that 41% of respondents are paying more attention to Bitcoin and other cryptocurrencies due to geopolitical tensions, inflation, and a weakening U.S. dollar. This marks a significant increase from 34% six months earlier.
