Crypto Super PAC Fellowship Begins Spending Ahead of 2026 US Midterms

Source

Suehyeon Lee

Summary

Crypto-linked super PAC Fellowship said it spent about $300,000 on advertising in Georgia's special election.
Fellowship said it has secured about $100 million ahead of the 2026 midterm elections and is backing candidates who support crypto-friendly policies.
Another crypto-linked PAC, Fairshake, spent about $130 million in the 2024 election cycle and was seen as influencing outcomes in major battleground races.

Forecast Trend Report by Period

Crypto industry money is beginning to flow more aggressively into US politics ahead of the 2026 midterm elections.

Federal Election Commission data cited by Cointelegraph on May 13 showed crypto-linked super PAC Fellowship recently spent about $300,000 on advertising to support Republican candidate Clay Fuller in a special election for a US House seat in Georgia. The spending came ahead of the Republican primary in May.

Fellowship has said it secured about $100 million ahead of the 2026 midterms and is backing candidates who support crypto-friendly policies. It has also publicly endorsed Republican candidates running in key races in South Carolina, Louisiana, Georgia, Nebraska and Kentucky.

In the US, super PACs can accept unlimited donations from individuals, companies and labor unions and use the money for independent political activity. That structure has expanded the potential influence of crypto industry money in elections.

In the 2024 election cycle, another crypto-linked PAC, Fairshake, spent about $130 million and was widely seen as influencing outcomes in major battleground races.