This is an election year in the United States. American voters are currently debating several important topics, including cryptocurrency. Recent survey reports have shown that voters, especially the younger generation, are interested in cryptocurrency. With the launch of an Ethereum spot ETF expected this month, let’s see if the report has anything to say about this cryptocurrency development. There must be something! Don’t you think so?
Grayscale Research Report: Introduction
The report was compiled based on a survey conducted by Harris Poll and produced for Grayscale, a prominent digital asset management company. The survey aimed to understand the main priorities of US voters in this year’s election. This second phase of the survey also assessed whether there had been any changes in voter priorities since the first phase of the survey conducted last November.
Grayscale Report on Ethereum Spot ETF
The report shows that US voters are optimistic about the proposed launch of an Ethereum spot ETF: Approximately 25% of US voters would be more interested in investing in Ethereum if a spot Ethereum ETF were to be launched.
Ethereum Spot ETF: Current Status Review
Initially, the first batch of Ethereum Spot ETFs was scheduled to be released in the first week of July. However, the US Securities and Exchange Commission has delayed the release. According to the latest reports, the SEC has taken additional time to return the S-1 forms filed by Ethereum Spot ETF issuers. The SEC has asked for re-submissions by July 8th. Given these developments, it is unlikely that the release will take place before mid-July.
Grayscale Research Report: Overview
The report amply demonstrates that the overall acceptance of cryptocurrencies has increased recently. The key finding that almost half of respondents plan to include cryptocurrencies in their portfolios is clear evidence of this new trend. In the Phase 1 survey, less than 40% expressed interest in including cryptocurrencies in their portfolios.
In short, the latest survey reveals that while US voters continue to hold similar priorities, enthusiasm for cryptocurrencies has increased significantly in the current phase compared to Phase 1. If things continue in this direction, this election could become the first “crypto election” in the US.
Stay tuned to Coinpedia for further updates.
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