Senator Dave McCormick Expands Bitcoin ETF Holdings With New $150K Purchase

Source: ETHNews Original Title: Senator Dave McCormick Expands Bitcoin ETF Holdings With New $150K Purchase Original Link: Pennsylvania Senator Dave McCormick has added to his growing Bitcoin exposure, revealing two new purchases of the Bitwise Bitcoin ETF (BITB) valued between $65,002 and $150,000, according to his latest financial disclosure.

With these transactions, McCormick’s total 2025 investment in the fund now exceeds $500,000, underscoring one of the most aggressive Bitcoin ETF accumulation efforts by a sitting U.S. lawmaker.

McCormick executed the buys on November 24 and 25, during a period when Bitcoin traded between $85,272 and $89,206. His timing aligns with broader institutional accumulation returning to the market as ETF inflows stabilized after weeks of volatility.

A long-time advocate for clearer digital-asset regulation, McCormick serves on the Senate Banking Committee’s digital assets subcommittee, a role that has fueled scrutiny over his repeated Bitcoin-related investments.

Critics point to potential conflicts of interest, given his influence over crypto-focused legislation. In response, McCormick’s spokesperson emphasized that all transactions comply with Senate ethics rules and federal disclosure requirements.

His expanding Bitcoin ETF portfolio now positions him among the most heavily crypto-exposed members of Congress, reflecting both political confidence in digital assets and a growing trend of lawmakers investing directly in spot Bitcoin products.