U.S. Congresswoman Sheri Biggs reportedly purchased up to $250,000 worth of BlackRock's spot ETF IBIT last month, Cointelegraph reported. The report explained that because U.S. lawmakers are only required to disclose transaction sizes within approximate ranges, the actual purchase amount could be as low as $100,000. Sheri Biggs has received an A rating (strongly supportive of cryptocurrency) from Stand With Crypto, a political advocacy group for cryptocurrencies.
