Updated: March 14, 2024, 6:41 PM EDT
Voters who own cryptocurrencies are leaning toward voting for U.S. Republican presidential candidate Donald Trump, according to a poll conducted by investment firm Paradigm released Thursday.
The poll found that 48% of crypto holders plan to vote for Trump and 39% of crypto holders plan to vote for President Joe Biden. 13% are undecided.
“Notably, 43% of crypto holders remember voting for President Biden in 2020, compared to 43% who remember voting for former President Trump that year. Only 39% are currency voters,” Paradigm said. “Thus, some of the voters President Biden is currently losing to Trump may also own cryptocurrencies, perhaps because of actions taken by some agencies in the Biden administration.”
Paradigm conducted the poll in collaboration with Public Opinion Strategies. According to the paper, an online survey of 1,000 registered voters was conducted from February 28 to March 4, with a margin of error of 3.5 percentage points. release.
The survey also found that 19% of registered voters say they have purchased cryptocurrencies, including 19% Democrats, 18% Republicans, and 24% independent voters. .
Spot Bitcoin ETF
According to a poll, 6% of U.S. voters have invested in a Spot Bitcoin ETF since the Securities and Exchange Commission approved it in January, and another 6% plan to invest in it in the future. is answering.
“Spot crypto ETFs, as expected, have proven to be a major vehicle for introducing Americans to cryptocurrencies, and could ultimately be a step towards guiding them towards crypto ownership.” Paradigm said.
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About the author
Sarah is a reporter for The Block covering policy, regulation and legal events. Previously, Sarah wrote about securities regulation as a reporter for CQ Legal, where she first began reporting on cryptocurrencies. Sarah also writes for financial publications such as The Bond Buyer and American Banker. She graduated from the University of Missouri where she earned her journalism degree in print and digital. Sarah is based in Washington, DC and she is an avid coffee lover. You can follow her on Twitter @ForTheWynn.
