Share this article

U.S. Presidential Candidate RFK Jr. Says He's 'Fully Committed' to Bitcoin

The presidential candidate said most of his wealth is in the digital asset.

Updated Jul 26, 2024, 5:08 p.m. Published Jul 26, 2024, 8:01 a.m.
jwp-player-placeholder
  • Robert F. Kennedy Jr. doubled down on his support for bitcoin during the BTC 2024 conference
  • Crypto and its role in the economy has become a hot-button issue in the election.

Independent presidential candidate Robert F. Kennedy Jr. doubled down on his support for bitcoin at the BTC 2024 conference in Nashville.

"I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin," he said. I am fully committed."

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters

Bitcoin has become a hot-button issue in this electoral cycle with Republican nominee Donald Trump's campaign announcing it would accept crypto donations in May. Many crypto entrepreneurs have come out to support the Trump campaign, with Kraken co-founder Jesse Powell donating $1 million in crypto to Trump and the Winklevoss Twins donating to a Trump-aligned PAC.

Kennedy, a libertarian-leaning candidate, took aim at the Federal Reserve, saying the central bank had the interest of bankers, not the general public, at heart.

“The relationship between Congress and the Fed is both parasitical to our country, and it’s a symbiotic relationship. The Fed is not a public institution … The decision-makers are appointed by the banking industry," he said during a conference panel hosted by TheStreet.

Kennedy also argued that Covid lockdowns were vastly in favor of billionaires and not "Main Street."

"Lockdowns … shut down all the small business in this country, which is what we should be nurturing, and kept open the Walmarts, and the Amazons, and Facebook, and the oil industry, and the processed food industries, and Big Ag. They all flourished during that period," he said.

Earlier this year Kennedy spoke at CoinDesk's Consensus conference in Austin, Texas where he said crypto is key to "transactional freedom."

"We need sovereignty over our own wallets, transactional freedom and a currency that is transparent. We need to make sure America remains the hub of blockchain technology," he said during Consensus.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

SEC Approves U.S.’ Second Crypto Index ETP with Bitwise’s BITW

Bitwise Chief Investment Officer Matt Hougan (CoinDesk Archives)

The Bitwise 10 Crypto Index Fund now trades on NYSE Arca, joining the ranks of gold and oil funds in regulated exchange products.

What to know:

  • The Bitwise 10 Crypto Index Fund (BITW) has received SEC approval to trade as an exchange-traded product on NYSE Arca.
  • BITW offers diversified exposure to the 10 largest cryptocurrencies, including Bitcoin and Ether, and is rebalanced monthly.
  • This approval marks a significant milestone for crypto indices, potentially attracting more institutional investment.