Fairshake-backed candidates sweep primaries, but Trump's influence cited as key factor

All six candidates supported by Fairshake, a crypto industry-backed Political Action Committee (PAC), have won their midterm primary elections. However, the victories are seen as more a result of President Donald Trump's strong endorsements and significant financial backing rather than the popularity of cryptocurrency, Decrypt reported. Fairshake invested over $20 million from the industry into these primaries and described the wins as a clear endorsement of pro-crypto politicians. Despite this, the influence of crypto-related policy was reportedly minimal during the campaigns. Fairshake did not run crypto-focused advertisements, instead concentrating on publicizing the candidates' endorsements from President Trump. The PAC has budgeted approximately $200 million for the 2026 midterm elections.