# Prediction Markets Put Democratic Sweep Odds Near 60% Ahead of Midterms By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/29551 Published: 2026-10-10T13:46:50.000Z Updated: 2026-10-10T13:46:50.000Z Section: Regulation > An Oct. 10 snapshot showed a 62% sweep probability, while later figures showed 64% and 60% in two markets. Prediction markets placed the odds of Democrats winning both chambers of Congress near 60% ahead of the Nov. 3, 2026, midterm elections, a result that could reshape negotiations over federal crypto market-structure rules. An Oct. 10 market snapshot put the odds of a Democratic sweep at 62%, with more than $21.2 million in trading volume. The same snapshot priced a Republican Senate with a Democratic House at 30%, a Republican sweep at 9% and a Democratic Senate with a Republican House at 1%. A later Oct. 10 market snapshot showed a 64% sweep probability with about $20 million in volume, while another market displayed a 60% probability. The figures represent changing contract prices, not election results. The political outlook matters for the Digital Asset Market Clarity Act, which stalled in the Senate. Senators voted 49-50 on Sept. 15, 2026, against advancing H.R. 3633, falling short of the 60 votes required for the procedural motion. The vote blocked the bill’s immediate advancement but was not a final vote on passage. The House passed the bill 294-134 in July 2025. The legislation would give the Commodity Futures Trading Commission jurisdiction over digital commodities while preserving Securities and Exchange Commission authority over investment contracts involving digital commodities. Its Senate version also included registration and Bank Secrecy Act requirements for certain non-decentralized finance protocols. [A previous TokenPost report detailed the bill’s failed Senate advance](). A Democratic sweep would not automatically end work on market-structure legislation. It could change committee leadership and negotiating priorities for a successor bill, including provisions involving consumer protection, ethics, illicit finance, prediction markets and decentralized finance. Sen. Dave McCormick said, “The status quo leaves consumers and investors worse off and cedes U.S. financial leadership overseas.” Sen. Martin Heinrich said, “The legislation we voted on today undermines Tribal sovereignty and states’ police powers.” Sen. Elissa Slotkin said, “There are strong, bipartisan provisions in this bill that could serve as the foundation for a new attempt.” The current CLARITY Act has not advanced in the Senate. The effect of the midterm elections on future crypto legislation remains conditional on the election outcome and subsequent negotiations. ## Links in this article - [A previous TokenPost report detailed the bill’s failed Senate advance](https://www.tokenpost.com/news/regulation/23702)