Sheri Biggs Reports $250K Bitcoin ETF Purchase in Filing

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TLDRSheri Biggs disclosed a Bitcoin ETF purchase worth up to $250,000 in a House filing.She executed the transaction on March 4, 2026, and reported it within the STOCK Act deadline.The filing lists the investment value in the $100,001 to $250,000 range.The purchase adds Biggs to a group of lawmakers holding Bitcoin ETF exposure.Bitcoin traded above $77,000 after Iran announced the reopening of the Strait of Hormuz.Representative Sheri Biggs reported a Bitcoin-linked investment worth up to $250,000 through the iShares Bitcoin Trust. She disclosed the purchase in a Periodic Transaction Report filed with the U.S. House of Representatives. The filing confirms she executed the transaction on March 4, 2026, within the required STOCK Act timelines.iShares Bitcoin ETF Purchase Detailed in House FilingSheri Biggs disclosed a purchase valued between $100,001 and $250,000 in the iShares Bitcoin ETF. She executed the trade on March 4, 2026, according to the House filing. She submitted the report in mid-April, which complies with the STOCK Act disclosure window.The filing places Biggs among lawmakers with direct exposure to Bitcoin exchange-traded funds. Senator David McCormick and Representative Brandon Gill have also reported Bitcoin ETF purchases over the past year. Public records show they disclosed combined purchases totaling hundreds of thousands of dollars.Crypto advocacy groups have identified Biggs as supportive of digital asset policies. Her recent disclosure confirms personal financial exposure to Bitcoin-linked products. Lawmakers must file such reports within 45 days under the STOCK Act.The iShares Bitcoin ETF tracks the price performance of Bitcoin through a regulated investment vehicle. Asset managers launched several spot Bitcoin ETFs after regulatory approvals in early 2024. These products allow investors to gain Bitcoin exposure without holding the asset directly.Biggs’ transaction represents one of the larger single Bitcoin ETF purchases by a sitting House member. The report lists the value range rather than an exact amount, as required by disclosure rules. Federal law mandates that members report transactions exceeding $1,000.The disclosure appears as debates over digital asset regulation continue in Washington. Lawmakers have discussed frameworks for crypto oversight and reserve policies. However, Biggs’ filing contains no policy statements or related commentary.Bitcoin Price Rebounds Above $77,000 on Strait of Hormuz UpdateBitcoin price above $77,000 after Iran announced the Strait of Hormuz had reopened under a ceasefire arrangement. Iranian Foreign Minister Abbas Araghchi said the route remains open to commercial vessels during a 10-day truce. He linked the move to de-escalation efforts involving Israel and Hezbollah in Lebanon.President Donald Trump addressed the development on social media. He wrote that the “Strait of IRAN is fully open and ready for full passage.” The White House stated that talks with Tehran could occur within days.Oil prices declined as traders reduced geopolitical risk premiums. Equity markets moved higher, and crypto assets followed the broader trend. Bitcoin returned to the $76,000 to $78,000 range after recent pullbacks.Market data showed that this price zone has acted as resistance since February. Traders responded quickly to the reopening announcement and related statements. At press time, Bitcoin continued to trade near the $77,000 level.The post Sheri Biggs Reports $250K Bitcoin ETF Purchase in Filing appeared first on Blockonomi.