Rep. Brandon Gill Increases Bitcoin and ETF Holdings
- Rep. Brandon Gill (R-Texas) purchased up to $300,000 in Bitcoin and shares of BlackRock’s Bitcoin ETF.
- Gill has accumulated up to $2.6 million in Bitcoin since January, according to House transaction reports.
- Bitcoin was trading at approximately $92,140, down about 27% from its record high above $126,000 last month.
- BlackRock’s IBIT manages over $74 billion in assets, significantly larger than the next largest spot Bitcoin fund.
- Gill failed to disclose up to $500,000 of earlier Bitcoin purchases within the required federal timeframe.
Rep. Brandon Gill has been actively increasing his investment in Bitcoin and related ETFs, reflecting his support for White House crypto policies despite recent market downturns.
His significant investments highlight a continued interest in digital assets amid fluctuating market conditions and regulatory discussions (Source)
