Senator Bought Up To $1.6 Million In Bitcoin ETF Shares In 2025 — Here’s The Potential Conflict Of Interest
Senator David McCormick (R-Pa.) has been actively buying up shares of a Bitcoin ETF in 2025. The purchases come alongside limited trading activity in stocks and options, but could raise concerns about a conflict of interest given his committee assignments.
Here’s a look at the latest purchases.
Senator Goes Bitcoin Shopping Again
McCormick disclosed buying shares of the Bitwise Bitcoin ETF (NYSE: BITB) during Thanksgiving week, according to the Benzinga Government Trades page.
According to the disclosure, McCormick purchased the following:
- Nov. 26: Buy $50,000 to $100,000 BITB
- Nov. 28: Buy $50,000 to $100,000 BITB
The senator also bought and sold multiple municipal securities, as reported on the latest disclosure.
McCormick’s disclosures in 2025 have mostly included municipal securities and Bitcoin ETFs. Here’s a look at the senator’s purchases of BITB this year:
- Nov. 25: $15,000 to $50,000
- Nov. 24: $50,000 to $100,000
- April 9: $15,000 to $50,000
- April 7: $15,000 to $50,000
- April 3: $15,000 to $50,000
- April 2: $15,000 to $50,000
- March 31: $15,000 to $50,000
- March 27: $50,000 to $100,000
- March 25: $50,000 to $100,000
- March 24: $15,000 to $50,000
- March 20: $50,000 to $100,000
- March 13: $15,000 to …
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