You Won’t Believe Which Senator Just Cashed In Big on Bitcoin ETFs! 💸🚀

So, here’s the tea: Donald Trump figured out early that digital money is like the new shiny toy for voters, and boom—he rides that crypto wave right back into the big chair. Meanwhile, Kamala Harris tried to hop on the blockchain bandwagon, but by the time she started chatting about crypto, the party had already moved to another blockchain. Sorry, Kamala. 😬

Now that Trump’s back, bitcoin and its merry gang of tokens aren’t some geeky side hustle—they’re starring front and center in Uncle Sam’s economic reality show.

Enter Senator Dave McCormick, who’s not just dipping his toes in the crypto pool—he’s cannonballing in with over a million dollars sunk into the Bitwise Spot Bitcoin ETF. He even snagged some shares right before Trump announced the plan for a national Bitcoin reserve. That ETF’s currently lounging around $51 a share, with a daily shuffle of $58 million worth of trades. It’s sitting pretty as the sixth largest, managing a cool $3.65 billion. No big deal, just helicopter money for one senator. 🤑

McCormick’s love affair with crypto earned him a thumbs-up from Coinbase’s CEO, Brian Armstrong. Word on the Hill is that this crypto crush might have been the secret sauce in McCormick’s nail-biter election win. He’s betting on crypto for 2025 hype, claiming it’s tied to everything from economic boom to keeping America safe—because nothing says national security like some encrypted coins, right?

But hey, he’s not alone in the crypto club. Marjorie Taylor Greene’s flashing her Bitcoin ETF bling, while Senator Steve Daines once dabbled but gracefully slid out of the crypto scene. What started as a nerdy underdog topic has now RSVP’d as the main event in the political arena.

Read More

2025-04-25 17:15