Skip to content

Survey: Over 50% of Democrat and Republican voters agree crypto is ‘the future of finance’

Survey: Over 50% of Democrat and Republican voters agree crypto is 'the future of finance'

The digital currency asset manager, Grayscale Investments, announced on November 1 the findings of a new national survey to investigate how Americans view the current state of the economy and cryptocurrency in relation to the upcoming election in the United States in 2022.

The survey found that 52% of Americans (including 59% of Democrats and 51% of Republicans) said that they agreed with the statement “cryptocurrencies are the future of finance,” with 44% saying they anticipate including crypto in their investment portfolio in the future, according to the online poll conducted within the United States between October 6-11, 2022, among 2,029 adults by The Harris Poll on behalf of Grayscale Investments.

Crypto on the ballot. Source: Grayscale Investments

Grayscale CEO Michael Sonnenshein stated:

“As we approach the midterm election, U.S. voters are considering the intersection of cryptocurrency, traditional finance, and the state of the economy. This survey reinforces that crypto continues to generate diverse, mainstream investor interest and engagement.”

He added:

“As Americans consider their financial future, policymakers and regulators have an opportunity to protect investors through greater regulatory clarity and guidance, while allowing market participants, like financial advisors, to enable access to well-informed crypto offerings.”

Challenging economy sparking interest in crypto

The current precarious state of the economy may have piqued the curiosity of Americans in investments outside of the stock market or mutual funds. One in four Americans (25%) feel that rising prices and the state of the economy have increased their curiosity about cryptocurrencies.

According to the survey, the adoption of cryptocurrencies seems to be correlated with interest in the asset, especially among younger investors from various backgrounds. 34% of those who identify as Black, 32% who identify as Hispanic, and 37% who are under 45 years old said that the present economic condition had increased their interest in crypto. A little less than one-third of people in the United States who are Black (30%), Hispanic (32%), and under 45 years old (33%), respectively, already hold cryptocurrencies.

Bipartisan support for precise crypt regulation

Notably, before casting their vote, more than a third of voters (37%) take into consideration the candidates’ policy stances on cryptocurrency. 81% agree that clearer regulations should be placed on the cryptocurrency sector, including 77% of Republicans and 88% of Democrats.

Finally, over four in five Republicans (81%) and Democrats (82%) believe it is critical to have a consumer-first approach to regulation, enabling individuals (rather than the government) to determine how to invest in cryptocurrencies by giving relevant information about different products, while developing a regulatory framework that guarantees anybody may access crypto.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Read Next:

Weekly Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts