Fellowship PAC is a newly registered super political action committee that filed with the FEC claiming a $100 million war chest to defend U.S. leadership in digital assets and back pro-Trump candidates, prioritizing predictable crypto rules and retaining tech talent.
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FEC filing filed Aug 7: registration confirmed as an independent expenditure-only PAC
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Committee states mission to protect U.S. leadership in digital assets and support candidates favoring predictable crypto regulation.
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Industry political spending context: crypto-aligned PACs poured at least $119 million in the 2024 cycle; total industry influence reportedly exceeded $300 million.
Fellowship PAC: New super PAC files with FEC claiming $100M to defend U.S. leadership in digital assets — learn the policy and election implications now.
By COINOTAG • • Updated
What is the Fellowship PAC and why does it matter for crypto policy?
Fellowship PAC is a new super political action committee that filed a statement of organization with the Federal Election Commission on August 7, reporting itself as an independent expenditure-only committee. The committee publicly announced formation later, saying it backs pro-Trump candidates and aims to keep the U.S. competitive in digital assets and entrepreneurship.
The filing currently lists no reported contributions or expenditures, leaving a gap between the PAC’s claimed $100 million war chest and official records.
How did the PAC describe its mission?
The Fellowship PAC says its mission is to safeguard America’s role as the global leader in digital assets and entrepreneurship. The committee emphasized support for candidates who favor predictable crypto rules, protection of U.S. technology competitiveness, and measures to prevent talent flight overseas. In its statement the PAC said, “Transparency and trust is our differentiator.”
When was the PAC filed and what has been reported?
The PAC filed with the FEC on August 7 as an independent expenditure-only political committee. As of the filing, no contributions or expenditures were reported to the FEC. The public announcement followed the registration; media accounts (including New York Times and COINOTAG) first noted the formation. Public Citizen previously reported that crypto-aligned PACs contributed at least $119 million in the 2024 cycle, and some counts later suggested industry totals exceeded $300 million.
Why does this matter for the 2026 midterms and regulatory debate?
Political fundraising affects legislative agendas. The Fellowship PAC’s timing — ahead of 2026 midterms — signals industry intent to influence races tied to market-structure bills and regulatory oversight. Lawmakers currently weigh multiple crypto-related bills; increased PAC spending can amplify lobbying and candidate support for predictable rules.
What do filings reveal about actual funds raised?
FEC registration confirms organization but does not validate the PAC’s public $100 million claim. The committee’s statement of organization shows no reported receipts; until FEC periodic reports list contributions, pledged sums remain unverified. Industry spending figures cited here come from Public Citizen and contemporaneous reporting by industry outlets and Washington sources.
Frequently Asked Questions
How can I verify a PAC’s filings with the FEC?
Check the Federal Election Commission’s public database for a committee’s statement of organization and subsequent reports. FEC reports list receipts and expenditures and are the authoritative record for campaign finance.
Does the PAC’s $100 million claim mean the funds are already secured?
Not necessarily. Initial FEC filings confirm registration; reported funds appear in periodic reports. A public claim of $100 million is not equivalent to verified contributions until disclosed to the FEC.
Who else has been active politically on crypto issues?
Crypto-aligned political action groups and industry donors expanded activity in recent cycles. Public Citizen estimated at least $119 million in 2024, and industry reporting later suggested totals north of $300 million, illustrating growing electoral influence.
Key Takeaways
- FEC registration confirmed: Fellowship PAC filed August 7 as an independent expenditure-only PAC.
- Claim vs. record: The PAC claims a $100M war chest, but FEC reports show no contributions yet.
- Political impact: The PAC aims to shape crypto policy ahead of the 2026 midterms, joining broader industry spending trends.
Conclusion
The Fellowship PAC’s filing marks a new chapter in crypto political engagement. While the committee claims significant funding to defend U.S. leadership in digital assets, FEC disclosures remain the definitive source for validating contributions. Watch FEC periodic reports and legislative calendars to track how this PAC may influence crypto policy and the 2026 midterms.
Sources referenced (no external links): Federal Election Commission filings; statement from Fellowship PAC; reporting by New York Times; reporting by COINOTAG; research from Public Citizen; statements from a D.C. political insider.
