{"id":23738,"date":"2025-04-26T12:39:41","date_gmt":"2025-04-26T12:39:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23738"},"modified":"2025-04-26T12:39:41","modified_gmt":"2025-04-26T12:39:41","slug":"senator-on-digital-assets-committee-buys-more-bitcoin-etf-shares-2025-is-the-year-for-digital-assets-2","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23738","title":{"rendered":"Senator On Digital Assets Committee Buys More Bitcoin ETF Shares: &#8216;2025 Is The Year For Digital Assets&#8217;"},"content":{"rendered":"<div>\n<p>A senator <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44194484\/congressman-on-digital-assets-subcommittee-buys-bitcoin-etf-before-trumps-strategic-reserve-announcement\">who bought shares<\/a> of a <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) ETF before President <strong>Donald Trump<\/strong> announced an Executive Order to establish Strategic Bitcoin Reserves has added more shares to his portfolio, bringing his total bet on Bitcoin up to the $375,000 to the $850,000 range since February.<\/p>\n<p><strong><br \/>What Happened: <\/strong>Senator <strong>David McCormick <\/strong>(<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">R-PA) has been actively buying shares of the<strong>\u00a0Bitwise Bitcoin ETF<\/strong>\u00a0(NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BITB#NYSE\">BITB<\/a>) and may have taken advantage of a dip in Bitcoin\u2019s price during March before the<\/span> recent rally back <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/45007049\/bitcoin-etfs-see-442m-daily-inflow-as-btc-hovers-around-94000\">to the $95,000 level.<\/a><\/p>\n<p>According to <a href=\"https:\/\/www.benzinga.com\/gov-trades\/members\/david-mccormick\">Benzinga&#8217;s Government Trades page<\/a>, McCormick recently made the following trades:<\/p>\n<ul>\n<li>March 24: Bought $15,000 to $50,000 BITB shares<\/li>\n<li>March 25: Bought $50,000 to $100,000 BITB shares<\/li>\n<li>March 27: Bought $50,000 to $100,000 BITB shares<\/li>\n<\/ul>\n<p>BITB traded as high as $ 483.40 during those three days and trades at $51.79 at the time of writing, making these trades already profitable a month later for the senator.<\/p>\n<p>McCormick&#8217;s involvement in the Subcommittee on Digital Assets and his heavy trading in a Bitcoin ETF in 2025 could continue to raise red flags &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/45018551\/senator-on-digital-assets-committee-buys-more-bitcoin-etf-shares-2025-is-the-year-for-digi\" alt=\"Senator\" on digital assets committee buys more bitcoin etf shares: is the year for>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A senator who bought shares of a Bitcoin (CRYPTO: BTC) ETF before President Donald Trump announced an Executive Order to establish Strategic Bitcoin Reserves has added more shares to his portfolio, bringing his total bet on Bitcoin up to the $375,000 to the $850,000 range since February. What Happened: Senator David McCormick (R-PA) has been [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23738","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23738"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23738\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}