2) As cryptocurrency continues to evolve, understanding the demographics and sentiments of its investors provides valuable insight into its future trajectory.

The approval of spot bitcoin ETFs by the Securities and Exchange Commission (SEC) in January 2024 was a turning point. In the weeks following the decision, the share of Americans describing bitcoin as "trustworthy" nearly doubled — from 5.3% to 10.2%, according to a survey.

However, trust remains fragile. The majority of Americans still regard cryptocurrencies with skepticism or confusion: among seniors (55+), this lack of knowledge rises to 73%. Additionally, 46% of adult Americans say they are unfamiliar with how cryptocurrency works.