Bitcoin’s biggest investor in Congress is part of a Senate committee regulating digital assets

Sen. Dave McCormick (R-PA), who is a member of a Senate committee that is poised to work on legislation aimed at regulating the digital assets sector, is reportedly investing his personal funds into bitcoin (BTC).
CoinDesk, a cryptocurrency-focused website, reported last week that McCormick, who previously served as the CEO of the large hedge fund Bridgewater Associates, has recently made several investments in the Bitwise Bitcoin ETF worth hundreds of thousands of dollars. The CoinDesk report includes disclosures released last week.
McCormick was elected as a senator from Pennsylvania in January. He is said to be Congress's largest investor in BTC.