Crypto PACs Sweep 11 Primaries Across Three States

Crypto-backed political action committees delivered a clean sweep in Tuesday primaries across California, New Jersey, and South Dakota. All 11 candidates supported by Fairshake affiliates advanced or secured victories in their respective races. The outcomes expanded the industry's electoral winning streak while reinforcing a bipartisan outreach strategy that has now produced results in two consecutive primary cycles.

Fairshake's 11-for-11 Primary Sweep

Every candidate backed by Fairshake affiliates moved forward in their races. The group supported contenders in nine California House districts, New Jersey's 8th District, and South Dakota's Senate primary. Each endorsed candidate either advanced to the general election or won the primary outright.

California Democrats Lead the Roster

California Democrats Zoe Lofgren, Ted Lieu, Dave Min, Lou Correa, and George Whitesides secured primary victories with industry backing. In New Jersey, Democrat Rob Menendez advanced in the 8th District contest. South Dakota Republican Mike Rounds also won his Senate primary with Fairshake support.

Stand With Crypto Grades and Pledges

Several winners supported the CLARITY Act and the GENIUS Act during their campaigns. Others endorsed blockchain developer protections or signed pro-crypto pledges through Stand With Crypto. Stand With Crypto graded candidates based on digital asset policy positions and public statements. The group assigned ratings that ranged from A to F, with Representative Al Green receiving an F before losing his Texas primary one week earlier.

Bipartisan Strategy: California Democrats and South Dakota Republicans

Crypto PACs expanded their approach beyond traditional Republican strongholds. The latest victories followed a series of wins in Texas primaries one week earlier. Industry-backed groups spent more than $9 million across both parties in that state.

Texas Results Included Defeats for Critics

Texas outcomes included defeats for candidates critical of digital assets. Representative Al Green lost his primary after facing industry-backed opposition. Stand With Crypto had assigned Green an F rating before the contest. The Texas sweep demonstrated that crypto PACs can unseat incumbents who oppose the industry's legislative agenda.

Polymarket Bettors Divided on November Control

Polymarket bettors remain divided on party control of Congress after November. Crypto PACs have pursued candidates from both major parties as a result. Organizers have stated they aim to maintain influence regardless of the election outcome. A Fairshake spokesperson said the group supports candidates who "prioritize clear digital asset rules."

Practical rule: Primary sweeps signal which regulatory tailwinds are building before November. The undefeated record suggests crypto PACs have identified a repeatable playbook for advancing friendly candidates.

Spending Breakdown: $9 Million in Texas and Beyond

Campaign finance reports detailed spending through affiliated committees. These filings outlined independent expenditures for advertising and voter outreach. The data confirmed coordinated efforts across several congressional districts.

California and New Jersey Expenditures

Fairshake affiliates reported coordinated support efforts in multiple districts. The group focused on candidates who expressed openness toward digital asset legislation. Campaign filings documented independent expenditures in targeted primary races. The endorsed roster reflected geographic and political diversity, from urban California districts to rural South Dakota constituencies.

Cumulative Primary Record This Month

Primary voters delivered outcomes consistent with those investments. Every candidate linked to Fairshake affiliates moved forward in the electoral process. The victories closed out June primaries with an undefeated record for Crypto PACs. The cumulative record now includes wins in Texas, California, New Jersey, and South Dakota.

Regulatory Outlook After the Primary Sweep

The primary outcomes shift the regulatory landscape for digital assets. Candidates who supported the CLARITY Act and GENIUS Act now advance to general elections. If elected, these lawmakers could push legislation that defines digital asset classifications and sets stablecoin rules.

Blockchain Developer Protections Gain Traction

Several endorsed candidates backed blockchain developer protections. These provisions would shield developers from liability for third-party uses of open-source code. The SEC Draft Plan for 2026-2030 aims to end regulation-by-enforcement, which aligns with the industry's legislative priorities. A Congress with more crypto-friendly members could accelerate that transition.

Market Sentiment and Watchlist Implications

For traders building a watchlist, the primary sweep reduces regulatory uncertainty risk. A bipartisan bloc of crypto-friendly lawmakers increases the probability of clear rules passing in 2025 or 2026. That tailwind supports Bitcoin (BTC) and Ethereum (ETH) as assets that benefit from regulatory clarity. The effect is gradual – legislation takes time, and general election outcomes remain uncertain.

Risk to watch: If crypto PACs lose key general election races in November, the regulatory tailwind reverses. Monitor Fairshake's independent expenditures in swing districts as a leading indicator.

The primary sweep closes out June with a clear signal: crypto PACs have built a machine that works across party lines. The next test comes in November, when these candidates face general election voters. For now, the industry's political strategy is undefeated.