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Pennsylvania Senator has invested 1.3 million dollars in Bitcoin ETF this year, with the latest increase the position above BTC 85,000.
[Coin World] Pennsylvania Republican Senator David McCormick has made significant investments in Bitcoin ETFs this year. From 2025 to now, his total investment in the Bitwise Bitcoin ETF (BITB) has reached between $550,000 and $1.3 million.
Recently, two transactions occurred in late November: on the 24th, an investment of 15,000 to 50,000 was made, followed by an additional investment of 50,000 to 100,000 the next day. At that time, the price of BTC fluctuated between 85,272 and 89,206 dollars.
The senator's cryptocurrency allocation has been steadily increasing this year. Notably, he received support from the CEO of a compliance platform, Brian Armstrong, during his 2024 Senate campaign, and is now serving on the Senate Banking Committee's Digital Assets Subcommittee—indicating that he is serious about this field.