Congresswoman Bought Bitcoin Dip In March: Here’s How Much Her Trade Was
The trading activity of members of Congress continues to draw attention from retail investors, with potential conflicts of interest based on timing of trades and committee assignments signaling red flags around the transactions.
One member of Congress is drawing attention for the purchase of an ETF, not for a potential conflict, but for the size of the trade.
• iShares Bitcoin Trust stock is trading near recent lows. What should traders watch with IBIT?
Congresswoman Buys Bitcoin ETF Again
Congresswoman Sheri Biggs (R-S.C.) recently disclosed several transactions made in March, according to the Benzinga Government Trades page.
One of the transactions included buying $100,000 to $250,000 in shares of the iShares Bitcoin ETF (NASDAQ:IBIT) on March 4. The transaction is noted as being made by a spouse and is listed as coming from a “professionally managed account.”
This marks the second time Biggs has disclosed buying shares of this Bitcoin …
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