Bitcoin, Ethereum Lead US Congress Members' Crypto Holdings Under STOCK Act Disclosure

Gate News message, April 21 — Under the 2012 STOCK (Stop Trading on Congressional Knowledge) Act, members of US Congress and other government employees must disclose cryptocurrency, stock, and bond trades exceeding $1,000 within 45 days of execution. Public disclosure is designed to prevent insider trading and market manipulation.

Bitcoin remains the most favored cryptocurrency among lawmakers. Wyoming Senator Cynthia Lummis, a prominent voice on crypto policy, made her first BTC purchase in 2013. Other Bitcoin holders include Senators Ted Cruz and Dave McCormick, as well as Representatives Byron Donalds, Guy Reschenthaler, and Sheri Biggs, with individual holdings reported as high as $250,000. Some lawmakers including Senator Sheldon Whitehouse have gained Bitcoin exposure through investments in Bitcoin-related companies such as PayPal, BlackRock, and The Block (formerly Square), while others hold Bitcoin ETFs from Valkyrie and VanEck.

Ethereum ranks second among congressional holdings. Representatives Mike Collins (holding up to $60,000) and Barry Moore, along with Representative Marjorie Taylor Greene and Senator Dave McCormick, have disclosed ETH positions or Ethereum ETF investments. Solana (SOL) and XRP, both reported by Representative Guy Reschenthaler, each valued at up to $15,000, rank third and fourth respectively. Cardano (ADA) ranks fifth, disclosed by Representatives Barry Moore and Mike Collins, with Barry Moore’s holdings worth up to $45,000.

Beyond the top five, lawmakers have also invested in lesser-known cryptocurrencies including Ski Mask Dog (SKI), The Graph (GRT), Velodrome (VELO), Aerodrome Finance (AERO), and LGB Coin. In the past 24 hours, most of these cryptocurrencies have gained between 1.8% and 4%, with SKI declining 2.86%.