Crypto lobby spending on Republicans far outpaces Democratic support

The crypto lobby has spent tens of millions of dollars more on Republican candidates and elections than on Democratic lawmakers.

In the upcoming 2026 midterm elections, Americans will elect 35 of 100 Senate seats and all of the 435 voting seats of the House of Representatives.

The cratering popularity of President Donald Trump’s administration, which polls show is the result of everything from the economy to the War in Iran and his handling of immigration, has put Democrats in an historic lead. 

The generic congressional ballot test, i.e., a poll that asks which party the respondent plans to support, recently showed that the Democrats had the largest mid-term lead of any party in the last 20 years. 

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