Key Takeaways

• Crypto PAC supports 32 House candidates, including 19 Republicans and 13 Democrats, ahead of 2026 US midterm elections.
• The PAC will spend $100 million on ads supporting House and Senate candidates, with a focus on the CLARITY market structure bill.
• Three Republican and three Democratic candidates will receive $1 million in spending each.

Market Impact

• The CLARITY market structure bill, which aims to establish clear roles for US financial agencies in overseeing digital assets, remains uncertain ahead of the midterm elections.
• The bill's failure to pass a crucial Senate vote may lead to increased crypto PAC spending in key races.

What's Next

• The 2026 US midterm elections are expected to see Democrats favored to take majority control of both the House and Senate.
• Crypto PAC's efforts may contribute to a pro-crypto caucus in American history, with the group reporting $122 million in cash reserves ahead of the midterms.