Rise of the "crypto voter": The surprising group that could swing the election
The crypto world hit a major milestone earlier this year with the approval of Bitcoin and Ethereum ETFs, a clear sign that digital assets are gaining traction on Wall Street and Main Street alike. As traditional financial institutions come around, more Americans are eyeing cryptocurrencies as a serious investment option, signaling a shift in the financial landscape that could impact the presidential race.
âIt has been clear throughout this election cycle in the United States that cryptocurrency is a bigger priority for both parties than it has been in the past, which is exciting to see from an industry growth perspective,â says Hany Rashwan, co-founder and CEO of 21Shares, one of the biggest issuers of the cryptocurrency exchange-traded products globally.
Vice President and Democratic nominee Kamala Harris made her first public comments on crypto earlier this month, telling donors in New York that her administration would "invest in America's future" by supporting digital assets and other technologies while ensuring consumer protections, according to Bloomberg. Harrisâ remarks signal that Democrats, like Republicans, are beginning to embrace the crypto industry.
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