$21M Bitcoin blitz! – Winklevoss twins back Trump’s crypto vision
The new PAC will also fund Bitcoin and crypto bill of rights to codify right to self-custody.
Key Takeaways
Winklevoss twins, the founders of Gemini, have donated $21M BTC to fund pro-crypto candidates in the 2026 midterm elections and help achieve a ‘thoughtful’ market structure bill.
Crypto investors and leaders are keen on securing the recent regulatory gains under President Donald Trump administration.
Gemini founders, the Winklevoss twins, have announced that they have donated $21 million in Bitcoin [BTC] to a newly formed Digital Freedom Fund PAC.
According to Tyler Winklevoss, the move would help ‘realize’ President Donald Trump’s pro-crypto plans in the U.S. beyond the 2026 mid-term elections.
“The mission of the Digital Freedom Fund is to help realize President Trump’s vision of making America the crypto capital of the world.”
To achieve this, the twins highlighted that the PAC will fund several pro-crypto candidates, push for the Bitcoin Bill of Rights, among others.
Winning midterms, crypto market structure bill
On the priority list is winning midterms for pro-crypto lawmakers and crafting a ‘thoughtful’ market structure bill.
According to Tyler Winklevoss, Republicans should win back the Senate and the House to help Trump fast-track his agenda. Otherwise, he warns, Democrats will likely slow down the pace of progress.
“If the Republicans lose either the House or Senate in the midterms on November 3, 2026 (only 1 year and 2 months away), then Democrats will have the power to slow down and interfere with President Trump’s agenda.”
He added that Democrats could resort to ‘bad faith tactics’ like lawfare or impeachments that could derail Trump.
For ‘thoughtful’ crypto market structure legislation, Tyler Winklevoss stated,
“We will fight for a skinny market structure bill that is lean and mean. One that cements timeless, permanent ideas into law, limits government overreach, and clears the path for builders to build.”
This would include pushing back against CBDC (Central Bank Digital Currencies), open banking, protecting protocol developers, and the right to self-custody, amongst others.
Worth pointing out that pro-crypto PACs have been mushrooming ahead of the 2026 U.S midterms.
Recently, Trump’s crypto advisor, David Bailey, announced another $200 million plan to ‘cement BTC in U.S policy.’
That said, since early 2025, several Biden-era SEC-led enforcement actions in the sector have been reversed.
Besides, Trump has pushed for the inclusion of crypto into 401(k) retirement plans and cracked the whip against debanking crypto firms and users.
As such, the Crypto Twitter showed support for the Winklevoss move to secure these gains.
But critics claimed that it was a classic ‘pay to play’ that benefits only a few rich individuals, according to researcher Peter Ryan.
“Today, crypto is merely the latest ruse to persuade the public to surrender democratic freedom and financial sovereignty to oligarchs.”
