Survey: One Fifth of US Voters Engaged With Crypto

A new Emerson College poll revealed that about 19% of U.S. voters—roughly one in five—have invested in, traded, or used cryptocurrency at some point.

The data, released on Dec. 17, was based on a survey of 1,000 registered voters conducted between Dec. 11 and Dec. 13.

It also found that nearly 40% of crypto users reported making a purchase with cryptocurrency.

“Crypto users are younger and have a larger minority base, highlighting crypto as a growing, diverse constituency for political support: 57% of crypto users have a favorable view of Donald Trump,” said Spencer Kimball, executive director of Emerson College polling.

During his campaign, President-elect Trump strongly supported the crypto industry and has since nominated several pro-crypto individuals to lead major financial regulatory agencies, including the Securities and Exchange Commission.

The survey revealed that respondents under 40 represented the largest share of crypto users, with almost one-third reporting crypto usage.

Kimball noted that the likelihood of using crypto declines with age, stating, “28% of voters in their 40s, 17% in their 50s, 9% in their 60s and just 4% over 70 are crypto users.”

Men were found to be twice as likely as women to use crypto, with 26% of male respondents and 13% of female respondents reporting crypto usage.

Approximately one-third of crypto users identified as Asian, Hispanic, or Black, compared to just 14% who identified as white.

The poll also highlighted broader political opinions, such as support for banning the social media platform TikTok, which was favored by about 40% of voters.

However, support for such a ban decreased significantly among respondents under 29 years old.

A separate October 17 survey by the crypto advocacy group Digital Chamber estimated that 26 million U.S. voters belong to a "crypto voting bloc" that prioritizes pro-crypto policies when choosing political candidates.

Around 16% of respondents in that poll said cryptocurrency was "extremely" or "very" important in determining their vote.

A related poll conducted by Grayscale and a market research firm found that over half of U.S. voters were more likely to support a pro-crypto candidate.

Following the 2024 presidential election, hundreds of pro-crypto candidates secured seats in Congress.

Industry leaders believe this marks the beginning of a potentially historic shift, with the U.S. government poised to become more pro-crypto than ever, potentially creating a more favorable regulatory landscape.

Sources:

https://cointelegraph.com/news/fifth-us-voters-traded-used-crypto-emerson-poll

https://emersoncollegepolling.com/december-2024-national-poll-young-voters-diverge-from-majority-on-crypto-tiktok-and-ceo-assassination/