$100M Crypto Super PAC Prepares to Make Waves in 2026 US Midterms

Tether Executive Jesse Spiro will chair the $100M crypto super PAC for the 2026 US midterm elections.

The Fellowship PAC, launched in August 2025, has claimed to have raised over $100 million from backers aligned with the crypto industry. The committee filed its statement of organization with the Federal Election Commission on Aug. 7 and reported no contributions or expenditures as of Dec. 31.

Fellowship aims to support candidates who favor regulatory clarity for digital assets and open markets, according to Spiro, who said in a statement: 'We have an opportunity to ensure the United States remains the global hub for builders, entrepreneurs, and technological progress.'