Crypto Reserve Controversy: Poll Shows Americans Aren’t On Board

About 51%, or the majority of Americans, do not support the creation of a cryptocurrency strategic reserve, a proposal that US President Donald Trump has been pushing since his election in November last year. A recent poll revealed that the majority of American voters oppose the establishment of a crypto strategic reserve which indicates that US voters want the government to spend less on cryptocurrency. No To Crypto Strategic Reserve A survey conducted by advocacy group Data for Progress showed that the majority of Americans are not in favor of creating a crypto strategic reserve, wherein the US government will fund the stockpiling of cryptocurrencies to build a national reserve. The poll revealed that 51% of US voters oppose the creation of the strategic reserve for digital assets while only 34% of Americans expressed that they are supporting it. The proposed crypto strategic reserve is among the key reforms that Trump wants to implement to fulfill his campaign promise to create regulations and policies that will allow the cryptocurrency sector to thrive. Data for Progress asked 1,169 American voters using web panel respondents if they support or oppose the proposed crypto strategic reserve. The survey was conducted from March 8 to 10, 2025, after Trump signed an executive order that establishes the US’ Strategic Bitcoin Reserve. What The Figures Say The poll revealed that 59% of Democrat voters opposed the creation of the crypto strategic reserve while only 29% of them support the proposal. About 56% of independent American voters are also not supporting strategic reserve for digital assets while 30% of them signified that they are in favor of it. Meanwhile, even Republican voters do not unanimously support Trump’s crypto strategic reserve. The survey revealed that there is a split among those who oppose it which is 40% of the respondents and those who are in favor of the reserve which is 41% of them. It indicates that even among Republican voters, many of them are not yet convinced that the US should spend to acquire and hold cryptocurrencies, making it part of the country’s national reserve. Less Spending For Cryptos Data for Progress showed that cryptocurrency is among the least concerns of Americans in terms of federal funding. “Only 10% of voters believe the U.S. should increase federal funding for cryptocurrency and blockchain development,” Data for Progress stated in the report. About 45% of the respondents wanted to reduce the federal funding for cryptocurrency and blockchain development while 29% of them stated the government should keep the current level of spending on cryptos. Among Democrat voters, 52% of them wanted to decrease the federal funding for digital assets while 26% of them said they wanted the government to retain the current level of spending on cryptos. Only 9% of the voters wanted to increase federal spending on digital assets. Among Republican voters, 36% of them wanted to decrease the federal funding for digital assets while 31% of them said they wanted the government to retain the current level of spending on digital assets. About 12% of the voters wanted to increase federal spending on cryptos. Featured image from BBC, chart from TradingView