a16z report: Pennsylvania and Wisconsin are seeing a surge in cryptocurrency search interest

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ODAILY
10-17
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According to the "2024 Crypto State of the Union" report by a16z, Google Trends data shows that the growth in crypto-related searches in the swing states of Pennsylvania and Wisconsin has ranked 4th and 5th respectively since the 2020 election. Other swing states, such as Michigan and Georgia, have also seen a surge in crypto-related searches, while interest in crypto has slightly declined in Arizona and Nevada since 2020. These states can swing between the Democratic or Republican parties and often play a crucial role in determining the outcome of the U.S. presidential election. According to the report, there are now over 40 million Americans who own crypto, with the majority expressing support for candidates with crypto-friendly policies. Among swing state voters, 41% identify as Democrats, 39% as Republicans, and 20% as Independents or others. Among Americans aged 18-34, 25% own crypto. The report notes that "a factor that may increase people's interest in crypto this year is the launch of Bitcoin and Ethereum ETFs. As such products grow, the number of Americans holding crypto may increase."

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