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Reported Fellowship PAC Campaign Expenditures (2026)
Breakdown of reported advertising expenditures for various US election candidates by Fellowship PAC.
Primary Sources
Crypto-aligned super PAC begins to endorse candidates for US midterms
Update (April 14 at 5:00 pm UTC): This article has been updated to include a late Monday FEC filing.Update (April 15 at 9:35 pm UTC): This article has been updated to include PAC spending on a Nebraska candidate.Fellowship, a super political action committee (PAC) that claims to have $100 million in its war chest ahead of the 2026 US midterms, has begun reporting spending and endorsements for the next election.According to a Wednesday filing with the Federal Election Commission (FEC), the Fellowship PAC reported spending $300,000 on advertising for Clay Fuller, a Republican who won a special election for Georgia's 14th Congressional District to replace resigning congresswoman Marjorie Taylor Greene. The PAC also reported $850,000 in advertising for Nate Morris, a Republican running for a US Senate in Kentucky in 2026, and $350,000 for Pete Ricketts in Nebraska’s Senate race.The spending comes about a month before Republican primaries in the three states.Source: Federal Election CommissionFellowship is just one of several crypto-backed or aligned PACs expected to pour money in to support or oppose candidates in another critical US election season. In 2024, the Fairshake PAC spent more than $130 million in media buys in congressional races, possibly influencing the outcomes in key battlegrounds like the US Senate seat for Ohio.According to the FEC, super PACs may “receive unlimited contributions from individuals, corporations, labor unions and other PACs for the purpose of financing independent expenditures and other independent political activity.”In addition to its only reported expenditure since the Fellowship PAC’s statement of organization filed in 2025, Fellowship posted endorsements for candidates to its X account on Thursday, signaling support for Republicans in races across five states. The candidates included Morris, Ricketts in Nebraska, along with Alan Wilson for South Carolina governor, Blake Miguez for Louisiana’s 5th Congressional District, Mike Collins for the US Senate in Georgia, Julia Letlow for the US Senate in Louisiana.Related: Chainlink and Anchorage Digital back launch of crypto-aligned PACFellowship announced its launch in September, claiming to have “over $100 million” from undisclosed backers aligned with the crypto industry. On April 1, it said that Tether’s head of government affairs, Jesse Spiro, would chair the PAC, signaling support for candidates with pro-crypto views.US lawmakers are still stalled on crypto market structure ...
Crypto Super PACs Deploy Over $100 Million in 2026 Midterm Election Push
Crypto-aligned political action committees are mobilizing significant financial resources to influence the 2026 U.S. midterm elections, with one group alone claiming over $100 million in available funds. Jesse Spiro, Head of Government Affairs for stablecoin issuer Tether, was recently named Chair of Fellowship PAC, a super PAC that has already begun its political spending.The group's first reported expenditure was a $300,000 advertising buy supporting Republican Clay Fuller, who won a special election for Georgia's 14th Congressional District seat. This spending was formally reported to the Federal Election Commission (FEC) and disbursed in April 2026, roughly a month before Georgia's Republican primary on May 19.Fellowship PAC has also publicly endorsed Republican candidates in five states via its account on X. The endorsed candidates include Alan Wilson for South Carolina governor, Blake Miguez for Louisiana’s 5th Congressional District, Mike Collins for a Georgia Senate seat, Julia Letlow for a Louisiana Senate seat, Pete Ricketts for Nebraska’s Senate race, and Nate Morris in Kentucky’s Senate contest.This strategy mirrors the crypto industry's significant political spending during the 2024 election cycle. Another crypto-backed group, Fairshake PAC, poured more than $130 million into congressional races that year, with reports indicating the spending may have influenced outcomes in battleground contests like the Ohio Senate race.Simultaneously, a separate crypto-aligned political action committee, the Sentinel Action Fund, announced its endorsement of Republican Jon Husted in Ohio's 2026 Senate race. The PAC's president, Jessica Anderson, criticized incumbent Democrat Sherrod Brown for having "stood in the way of pro-innovation policies when it comes to digital assets." Although FEC filings as of early April showed no specific disbursements for Husted in 2026, the Sentinel Action Fund and its sister organization, Right Vote, pledged to spend more than $8 million in Ohio. The Sentinel Action Fund reported raising about $9 million from January 2025 through March 2026, including $750,000 from the Solana Policy Institute and $250,000 from crypto investment firm Multicoin Capital.This political maneuvering unfolds against a backdrop of stalled federal crypto legislation. The CLARITY Act, passed by the House of Representatives in July 2025, remains unresolved in the Senate. The bill has faced resistance over ethics provisions, stablecoin yield rules, and to...
Crypto-Backed Super PAC Launches Midterm Election Endorsements Push
A Familiar Playbook The crypto industry has done this before. During the 2024 election cycle, Fairshake PAC — another crypto-backed group — poured more than $130 million into congressional races across the country. Reports indicate the spending may have shaped outcomes in battleground contests, including the Ohio Senate race.
AI-Focused Super PAC Pumps Millions Into Midterm Campaigns
A super PAC called Leading the Future, focused on advancing a pro-AI agenda in Washington, has raised over $200 million in the past year and a half. The PAC has been pumping millions into political campaigns across the country, supporting candidates from both parties who show broad support for AI and tech innovation while keeping regulations light. This influx of AI-focused money comes as ...
