A post by @WuBlockchain on X.

The crypto industry spent more than $64 million on the Ohio Senate race, but incumbent Democrat Sherrod Brown still won, according to crypto journalist Eleanor Terrett. Several pro-crypto Republican candidates also lost their seats despite the sector's heavy spending. The result marks a notable setback for an industry that had ramped up political donations and advocacy spending in hopes of shaping key races. It matters because it tests the assumption that crypto-backed spending can reliably move electoral outcomes. Watch for how the industry recalibrates its midterm and 2026 spending strategy, and whether donor groups shift focus to races where their money has clearer returns.