Voters who own cryptocurrency are leaning toward voting for Republican presidential candidate Donald Trump, according to a poll conducted by investment firm Paradigm released on Thursday.
The poll found that 48% of cryptocurrency owners plan to vote for Trump, while 39% of cryptocurrency owners plan to vote for President Joe Biden. 13% were undecided.
“Specifically, 43% of cryptocurrency holders remember voting for President Biden in 2020, while only 39% of cryptocurrency voters remember voting for former President Trump that year,” Paradigm said. “So it appears that some of the voters that President Biden is currently losing to Trump are cryptocurrency holders, probably due to actions taken by some agencies of the Biden administration.”
Paradigm conducted the poll in conjunction with Public Opinion Strategies. An online poll of 1,000 registered voters was conducted from February 28 to March 4, and the margin of error was 3.5%. release.
The poll also found that 19% of registered voters said they had purchased cryptocurrency, including 19% Democrats, 18% Republicans, and 24% independent voters.
Bitcoin ETF Spot
According to a poll, 6% of U.S. voters have invested in a physical Bitcoin ETF since the Securities and Exchange Commission approved it in January, and another 6% said they plan to do so.
“Occurity cryptocurrency ETFs, as expected, have proven to be a key vehicle for engaging Americans in cryptocurrencies and could ultimately be a step toward dictating cryptocurrency ownership,” Paradigm said.
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About the author
Sarah is a reporter for The Block covering policy, regulation and legal events. Sarah was previously a reporter writing about securities regulation at CQ Legal, where she first began her reporting on cryptocurrencies. She Sarah has also written for The Bond Buyer and American Banker, among other financial publications. She graduated from the University of Missouri with a degree in Print and Digital Journalism. Sarah lives in Washington, DC and she is an avid coffee lover. You can follow her on Twitter @ForTheWynn.