Geopolitics Alpha

Fairshake crypto PAC network backs 32 House candidates in midterms

Published . Updated .

The CLARITY Act failed in the Senate, raising the stakes for which lawmakers return to Congress to shape crypto regulation after the midterm elections.

Directly affected

  • CRCW Crypto

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • GDLC GRAYSCALE COINDESK CRYPTO 5 ETF

    GA selected GDLC as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BITW BITWISE 10 CRYPTO INDEX ETF SHS REPSTG UNIT BEN INT

    GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BLOX NICHOLAS CRYPTO INCOME ETF

    GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • EZPZ FRANKLIN CRYPTO INDEX ETF

    GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRCW———————
IBIT———————
COIN———————
MSTR———————
MARA———————
RIOT———————
HOOD———————
GDLC———————
BITW———————
BLOX———————
EZPZ———————

The CLARITY Act failed in the Senate, raising the stakes for which lawmakers return to Congress to shape crypto regulation after the midterm elections.

Source: CNBC Top

Price since this story was published: Grayscale CoinDesk Crypto 5 ETF (GDLC)

Since the first closing price after “Fairshake crypto PAC network backs 32 House candidates in midterms,” Grayscale CoinDesk Crypto 5 ETF (GDLC) is -6.19%. The S&P 500 fund (SPY) is -1.60% over the same days, a -4.58% difference versus the market.

GDLC
SPY

Who gains and who loses around Grayscale CoinDesk Crypto 5 ETF (GDLC)

Companies carried with this story

  • GDLC Grayscale CoinDesk Crypto 5 ETF

    Grayscale CoinDesk Crypto 5 ETF (GDLC) is linked, with no stored direction, medium confidence in the 5 Oct 2026 story “Fairshake crypto PAC network backs 32 House candidates in midterms.” Reason on file: GA selected GDLC as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BITW Bitwise 10 Crypto Index ETF

    Bitwise 10 Crypto Index ETF (BITW) is linked, with no stored direction, medium confidence in the 5 Oct 2026 story “Fairshake crypto PAC network backs 32 House candidates in midterms.” Reason on file: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BLOX Nicholas Crypto Income Etf

    For “Fairshake crypto PAC network backs 32 House candidates in midterms,” Nicholas Crypto Income Etf (BLOX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • EZPZ Franklin Crypto Trust

    In “Fairshake crypto PAC network backs 32 House candidates in midterms,” Franklin Crypto Trust (EZPZ) is linked, with no stored direction, medium confidence. Reason on file: GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FDIG Fidelity Crypto Industry And Digital Payments Etf

    For “Fairshake crypto PAC network backs 32 House candidates in midterms,” Fidelity Crypto Industry And Digital Payments Etf (FDIG) is linked, with no stored direction, medium confidence. Reason on file: GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • IBIT iShares Bitcoin Trust ETF

    In “Fairshake crypto PAC network backs 32 House candidates in midterms,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: Bitcoin and digital-asset regulatory developments can transmit to a listed spot-Bitcoin proxy; this is a monitoring relationship, not a directional recommendation

Grayscale CoinDesk Crypto 5 ETF (GDLC)

The 5 Oct 2026 story “Fairshake crypto PAC network backs 32 House candidates in midterms” names Grayscale CoinDesk Crypto 5 ETF (GDLC) because of this story.

The link for Grayscale CoinDesk Crypto 5 ETF (GDLC) is this: GA selected GDLC as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Bitwise 10 Crypto Index ETF (BITW) is here too. Its reason reads: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Grayscale CoinDesk Crypto 5 ETF (GDLC)

BITW traded between 51.43 and 56.92 across 20 sessions. The latest close on file is 52.47. BLOX traded between 11.35 and 15.12 across 20 sessions. The latest close on file is 11.52. GDLC traded between 36.12 and 39.67 across 20 sessions. The latest close on file is 36.85.

A simple score for Grayscale CoinDesk Crypto 5 ETF (GDLC)

46 out of 100

“Fairshake crypto PAC network backs 32 House candidates in midterms” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.