Crypto industry groups have poured over $200 million into the 2026 U.S. midterm elections, making them the largest single-issue super PAC cohort in American history according to Public Citizen data. The sector aims to replicate its 2024 success by backing 33 House candidates through Fairshake and affiliated super PACs — including 19 Republicans and 14 Democrats — with at least $1 million directed to each of six incumbent representatives.
The industry's top priority remains passing a digital asset market structure bill after the Clarity Act stalled in the Senate. The November elections will test crypto's political influence, with Ohio's Senate race serving as a key battleground where Fairshake has spent $55 million opposing Democratic incumbent Sherrod Brown, a long-time crypto critic. Coinbase Vice Chairman Ryan VanGrack stated the ultimate goal is modernizing the U.S. financial system.
Crypto Industry Pours Over $200M Into 2026 U.S. Midterm Elections
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