Crypto Industry Drops $288M+ on 2026 Midterms Already
The crypto lobby has more than doubled its 2024 election spending pace, making Fairshake the fifth most-funded PAC in the US.
The cryptocurrency industry is flooding the 2026 US midterm elections with cash — and it's not even close to subtle about it.
According to analysis by researcher Molly White, the industry has already moved at least $288 million toward the 2026 midterms. That's more than double the entire 2024 election cycle spend. The crypto PAC Fairshake alone has become the fifth most-funded PAC in the country.
The spending surge comes as the industry's policy agenda remains unfinished and political winds shift with Trump faltering. Rather than wait it out, crypto firms are doubling down — hard — on buying legislative influence.
The sheer scale of the war chest signals that crypto isn't treating regulation as a policy debate anymore. It's treating it as an arms race.