Summary
TLDR: A poll by Paradigm shows that 48% of crypto owners plan to vote for Trump compared to 39% for Biden. Both parties are not trusted on crypto, with the GOP having a higher stance on the issue. The poll indicates that crypto holders are a significant voting bloc, with 19% currently owning or using cryptocurrencies. The demographics of crypto holders are shifting with higher ownership among communities of color and young people. The poll also captured the market frenzy over spot Bitcoin ETFs, with 22% of voters considering investing in them.
Key Points
1. 48% of crypto owners plan to vote for Donald Trump compared to 39% who plan to vote for Joe Biden, according to a poll commissioned by Paradigm.
2. The GOP has elevated crypto to a higher position on its national platform than Democrats, with Trump vowing to kill central bank digital currencies if elected.
3. Ownership of crypto is increasing among communities of color and young people, with 33% of African Americans and 32% of Hispanics currently owning or using cryptocurrency in 2024.