PANews reported on April 25 that in response to Cryptonews, Dave McCormick, a Republican senator from Pennsylvania and former CEO of Bridgewater Associates, has grow to be the most important Bitcoin investor in Congress. In accordance with monetary disclosures, he has invested in the Bitwise Bitcoin spot ETF many instances, with a complete funding of almost $250,000. In March of this yr alone, he invested $310,000 to $700,000 in the ETF; the holdings disclosed in February reached $450,000, bringing his complete funding in the fund to almost $1 million. It’s value noting that just a few days earlier than Trump signed an government order to discover the “strategic bitcoin reserve”, McCormick additionally bought $65,000 to $150,000 in Bitwise Bitcoin ETF shares. As well as, different transactions he disclosed included the sale of $1 million to $5 million value of Goldman Sachs shares.
Along with McCormick, Montana Senator Steve Daines as soon as held a number of cryptocurrency ETFs together with ProShares, Bitwise, Amplify, and Vaneck, however has now offered all of them. Georgia Republican Congresswoman Marjorie Taylor Greene purchased iShares Bitcoin Belief ETF shares earlier than Trump introduced the “Bitcoin Strategic Reserve” plan. Justin Solar, an advisor to World Liberty Monetary underneath the Trump household, even claimed that he was the most important shareholder of the Valkyrie Fund.
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