As the 2026 U.S. midterm elections approach, crypto industry political action committees (PACs) have raised over $190 million, highlighting their growing influence in shaping policy. The leading super PAC, Fairshake, has emerged as a central fundraising vehicle, with significant contributions from major players like a16z, Coinbase, and Ripple. This financial mobilization underscores the sector's strategic push to influence regulatory and legislative outcomes. The crypto industry's political spending reached at least $245 million in the 2024 cycle, reflecting a robust lobbying posture. The bipartisan approach aims to support policymakers who favor a regulatory environment conducive to innovation. However, critics warn that such concentrated financial influence could marginalize ordinary voters and skew policy outcomes toward corporate interests. The ongoing debate around the CLARITY Act and market structure legislation remains a focal point as the industry seeks a balanced regulatory framework.