Bitcoin's relevance is growing ahead of the 2024 U.S. Presidential election, where Joe Biden and Donald Trump are expected to compete once more, according to a Grayscale survey. This increased interest is driven by geopolitical tensions, risks to the U.S. dollar, and inflation. The survey revealed that 47% of voters include crypto in their investment portfolios, and nearly one in three voters are more inclined to invest in Bitcoin following the approval of a spot Bitcoin ETF.

Bitcoin's significance is rising among voters, influencing policymakers and candidates. Although Trump and Biden have differing views on cryptocurrencies, with Trump being supportive and Biden advocating for more regulation, crypto remains a bipartisan issue. Ownership rates are nearly equal among Republicans and Democrats.

Trump's recent embrace of cryptocurrencies contrasts with Biden's regulatory stance, including his intent to veto a resolution that would limit the SEC's regulatory power over crypto-assets. With the candidates nearly tied in the polls, their positions on digital assets could significantly impact voter decisions in the upcoming election.