"Virtual asset investors are progressive-leaning but support Trump's policies"

Source
Son Min

Summary

  • Crypto asset investors in the United States are generally progressive but said they trust President Donald Trump's cryptocurrency policies more.
  • Sixty-four percent of respondents said a candidate's cryptocurrency policy is an important factor in voting decisions, suggesting that virtual asset voters could emerge as a key variable in future elections.
  • In this poll, Trump and the Republican Party were rated as better suited for the development of the cryptocurrency industry, and investors were said to be younger and have a more diverse composition than the overall electorate.

Cryptocurrency investors in the United States generally lean progressive, yet they were found to view President Donald Trump's policies on the virtual asset (cryptocurrency) industry positively and to trust them more.

On the 8th (local time), according to CoinDesk, in an online poll conducted by McLaughlin & Associates, 73% of 800 respondents said they support Trump's cryptocurrency-related policies and actions. The survey margin of error is ±3.4% points.

Among respondents, 64% said "a candidate's cryptocurrency policy is an important factor in voting decisions," which suggests that virtual asset voters could be a key variable in the 2026 midterm elections to be held next year.

In this survey, President Trump's support rate for cryptocurrency-related policies was 54%, significantly higher than his overall job approval rating of 40% in Gallup surveys of the general electorate.

Especially notable is that although the cryptocurrency investor group participating in this survey was overall somewhat progressive and leaned Democratic, 37% responded that Trump and the Republican Party are better suited for the development of the cryptocurrency industry, far ahead of the Democratic Party (24%). The response "neither" was 16%.

According to the survey, virtual asset investors showed higher voter registration rates than the general electorate, were more likely to be male and have college education, but tended to have lower average incomes. They were also younger and more racially diverse than other voter groups.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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