Fairshake, backed by Coinbase and Andreessen Horowitz, spent $28 million in 2026 primaries as a Politico/Public First poll found 45% of Americans view crypto investing as too risky and broader distrust persists.
Fairshake, a pro-crypto super PAC backed by Coinbase and Andreessen Horowitz, has spent $28 million in the 2026 U.S. primary cycle, according to the source, while crypto industry political action committees have committed more than $100 million to the U.S. midterm elections overall. At the same time, a Politico poll conducted by Public First in April 2026 found that 45% of Americans say investing in cryptocurrency is too risky, and the newer report says most Americans distrust both crypto and artificial intelligence. Together, the findings highlight a gap between the digital asset industry’s growing political spending and continued public skepticism toward crypto.