A pro-crypto political action committee has endorsed Republican Jon Husted in Ohio’s 2026 U.S. Senate race, reviving a strategy of industry influence seen in the 2024 elections. The Sentinel Action Fund plans to spend up to $8 million, backed by significant crypto industry donations. In the Ohio governor’s race, candidate Vivek Ramaswamy’s proposal for a state Bitcoin reserve faces scrutiny due to his financial stake in a firm managing over $1 billion in Bitcoin.
Political action with a crypto connection is ramping up in Ohio ahead of the 2026 elections. A pro-crypto political action committee has backed a candidate in the Ohio Senate race, representing a return of industry-backed influence.
According to a notice, the Sentinel Action Fund said it would support Republican Jon Husted. The group intends to spend upwards of $8 million in Ohio ahead of the primary and general elections.
The group said it raised roughly $9 million from January 2025 to March 2026. This includes a contribution of $750,000 from the Solana Policy Institute and another $250,000 from Multicoin Capital.
Sentinel Action Fund tied its endorsement to differences on digital asset policy. The group stated that incumbent Senator Sherrod Brown “was an opponent of innovation in digital assets.”
The race for governor of Ohio is also attracting notice where Republican candidate Vivek Ramaswamy supports a Bitcoin reserve at the state level. Recent financial disclosures have raised questions about potential conflicts of interest.
Ramaswamy owns a 10% stake in Strive, filings show. The firm runs a Bitcoin treasury strategy and reported holding roughly 13,768 Bitcoin, worth more than $1 billion.
Ohio has become a critical state for crypto political activity. These developments could influence how digital asset policy is approached in the 2026 elections.
