Nearly half of likely American voters think
some of their future investment portfolio will include
crypto
STAMFORD, Conn.,
July 1,
2024 /PRNewswire/ --
BACKGROUND:
As pieces of legislation are currently being discussed in Congress,
crypto is once again in the news. Crypto
awareness and ownership rates have increased to record levels: 40%
of American adults now own crypto, up from 30% in
2023. A recent survey from Grayscale
Investments® and The Harris Poll found that nearly
half of likely American voters believe some of their future
investment portfolio will include crypto. In this
interview, Craig Salm, Chief Legal
Officer at Grayscale Investments broke down the survey results and
shared what viewers need to know before investing in
crypto.
Experience the full interactive Multichannel News Release here:
https://www.multivu.com/players/English/9268651-grayscale-investments-state-of-crypto-in-america/
Additional highlights from the survey include:
- Crypto isn't a partisan
issue: American voters are evenly split in their
perceptions of which political party has the most favorable
position on policies and regulations that support
crypto and are typically biased toward their own
party.
- Voters want regulators to take action on
crypto: Compared to the first wave in November 2023, the second phase of survey data
found that voters are more likely to say that they would invest in
crypto if there were clearer policies or regulations
(52% vs. 48%).
- Voters increasingly want to support a candidate who is
knowledgeable about crypto: Compared to 2023,
voters agree that they are more likely to vote for a candidate who
is informed about crypto compared to one who is not
(53% vs. 48%).
- Almost all likely American voters know about
Bitcoin, and more than half of them are aware about
the second largest crypto asset by market cap,
Ethereum, as well: Bitcoin
continues to be the most widely known crypto asset by
a majority of American voters (98%), and the survey found that more
than half of likely American voters (54%) say that they are aware
of Ethereum, as well.
- Generally speaking, likely American voters, especially
younger generations, are more open to
crypto: Nearly a third of American voters
(32%) say that they are either more open to investing in
crypto or learning more about it since the beginning
of the year; this is especially true for most Gen Z (60%) and
Millennial (51%) voters.
MORE ABOUT CRAIG SALM:
Craig Salm is the Chief Legal
Officer at Grayscale Investments. In this role, Craig oversees the
daily legal and regulatory operations of the business and its
products. Prior to joining Grayscale, Craig was a corporate
associate at Paul Weiss and a member of its Capital Markets &
Securities Group – primarily focused on representing issuers,
private equity sponsors, investment banks, hedge funds, and other
stakeholders in corporate finance transactions, as well as advising
on securities law and corporate governance matters. Craig earned
his Bachelor of Science from the University of
Michigan and his Juris Doctor from the Benjamin N. Cardozo
School of Law. Craig serves as a board member of the
Ethereum Classic Cooperative, as the co-chair of the
Securities Law Working Group for the Blockchain Association and is
an active member of the Crypto Ratings Council
(CRC).
Produced for: Grayscale Investments
ABOUT GRAYSCALE INVESTMENTS®
Grayscale enables investors to access the digital economy through a
family of regulated and future-forward investment products. Founded
in 2013, Grayscale has a proven track record and deep expertise as
the world's largest crypto asset manager. Investors,
advisors, and allocators turn to Grayscale for single-asset,
diversified, and thematic exposure. Certain Grayscale products are
distributed by Grayscale Securities, LLC (Member FINRA/SIPC).
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SOURCE Grayscale Investments