US Senator Dave McCormick, the former CEO of Massive Hedge Fund Bridgewater Associates, puts his own cash in Bitcoin (BTC) as the committee he is on is at the head of the spear for a regulatory effort to regulate the Digital Assets industry.

McCormick has repeatedly made recent investments in Bitwise Bitcoin ETF worth hundreds of thousands of dollars, according to revelations this week. Due to the intervals used in such legislature information, the latest amounts invested last month can only be said to be between $ 310,000 and $ 700,000.

The new investment follows McCormick’s disclosure of up to $ 450,000 in BitWise ETF in February, potentially bringing his overall investment closer to a million. His investments represent the majority of Bitcoin investment in Congress this year. Representative Marjorie Taylor Greene, a Republican in Georgia, invested a much smaller amount that favored Blackrocks Ishares Bitcoin Trust (IBIT).

The Republican Senator from Pennsylvania, who has held a number of high -profile government’s positions throughout its career, is new to the Senate and was put on the Senate Bank’s Sub -Committee, dealing with digital assets. It is the group of legislators who are probably closest to the upcoming action on crypto -acquisition that is expected to move this year.

As Senate’s candidate last year, the former Hedge Fund argued Exec argued that America had to lead Crypto. He said during the Under Committee’s first consultation of digital assets in February, “This congress will work with President Trump to adopt Bipartisan digital asset legislation that will guide the future of innovation and ensure a robust economic future of the United States”

While his Bitcoin stick surpasses other legislators, he has put the majority of his investments in municipal securities in recent months, the information shows.

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