US Rep. Sheri Biggs bought up to $250K in IBIT last month

U.S. Representative Sheri Biggs purchased up to $250,000 worth of BlackRock's spot Bitcoin ETF (IBIT) last month, Cointelegraph reported. Because U.S. lawmakers are only required to disclose transaction sizes within a set range, the actual purchase amount could be as low as $100,000. Biggs has received an "A" grade from the pro-crypto advocacy group Stand With Crypto, indicating strong support for the industry.