Crypto super PACs spend $271 million to lobby ahead of the midterm elections

JH Kim

Summary

Super PACs in the virtual-asset industry reportedly spent $271 million to lobby ahead of the 2026 midterm elections.
The funds were reportedly raised by crypto-industry super PACs, including Fairshake.
Of the funds, about 40% went to Republicans, 3% to Democrats, and the remainder was used to support independent candidates, according to the report.

Forecast Trend Report by Period

According to DL News, a media outlet specializing in virtual assets (cryptocurrencies), super PACs (political action committees) in the crypto industry—including Fairshake—have poured about $271 million into lobbying efforts for the 2026 midterm elections.

Of the funds, roughly 40% went to Republicans, 3% to Democrats, and the rest was used to support independent candidates.