A Majority of Voters Oppose a Crypto Strategic Reserve
By Ryan O’Donnell
On March 6, President Trump signed an executive order to establish a crypto strategic reserve, which would use federal government spending to acquire and hold cryptocurrencies like bitcoin as a reserve asset.
New polling from Data for Progress shows that this is not something voters want. Of nine potential funding priorities for the U.S. government, the least popular is investments in cryptocurrency. Only 10% of voters believe the U.S. should increase federal funding for cryptocurrency and blockchain development — far below priorities like Social Security (65%), Medicare (64%), roads, bridges, and transportation (63%), Medicaid (53%), public education (52%), and renewable energy (45%), and also lower than space exploration (24%) and artificial intelligence (20%).
A plurality of voters (45%) think funding for cryptocurrency should be decreased, and an additional 29% think funding should stay at the same level.
Voters were also asked directly if they support a crypto strategic reserve. A majority of voters (51%) are opposed, including majorities of Democrats (59%) and Independents (56%). Republican voters are split on the proposal.
These findings demonstrate that voters want the U.S. government to spend less on cryptocurrency and do not support establishing a crypto strategic reserve.
Ryan O’Donnell (@ryanodonnellpa) is the Deputy Executive Director at Data for Progress.
Survey Methodology
From March 8 to 10, 2025, Data for Progress conducted a survey of 1,169 U.S. likely voters nationally using web panel respondents. The sample was weighted to be representative of likely voters by age, gender, education, race, geography, and recalled presidential vote. The survey was conducted in English. The margin of error associated with the sample size is ±3 percentage points. Results for subgroups of the sample are subject to increased margins of error. Partisanship reflected in tabulations is based on self-identified party affiliation, not partisan registration. For more information please visit dataforprogress.org/our-methodology.