[DigitalToday reporter Yoonseo Lee] U.S. Republican Representative Sheri Biggs (셰리 빅스) disclosed that she bought about $250,000 worth of BlackRock’s spot bitcoin exchange-traded fund, IBIT, through her spouse’s account. On April 17, blockchain media outlet BeInCrypto reported the transaction took place on March 4.

A disclosure Biggs submitted to the House clerk showed the purchase amount was between $100,001 and $250,000. The trade was made through her spouse’s professionally managed account run by UBS Financial Services. The filing was submitted on April 16 and complied with the STOCK Act rule requiring lawmakers to disclose stock and ETF trades within 45 days.

The purchase marked the second six-figure IBIT buy by Biggs’ household. In July 2025, her spouse also bought the same ETF for the same amount. That trade took place about a week before a crypto-friendly bill passed the House. The earlier trade was disclosed months late, violating the STOCK Act’s 45-day rule, and a $200 fine was imposed. IBIT rose about 12 percent over the three months after that trade, according to the tally.

The same April filing also included a small purchase of Apollo Debt Solutions BDC and the sale of holdings in the Oaktree Strategic Credit Fund. It also showed Biggs’ household shifting asset allocation toward cryptocurrencies and bond-like assets.

Growing market attention has been driven by S.954, the Bitcoin Act of 2025, pending in the Senate. The bill, introduced by Senator Cynthia Lummis, calls for the Treasury to buy 1 million bitcoins over five years and store them for at least 20 years in a distributed network of federal secure facilities.

The Mined in America bill, introduced on March 30, has also been cited as related legislation. The bill would codify in law a bitcoin stockpiling system created by U.S. President Donald Trump’s executive order, and allow certified U.S. miners to sell newly mined bitcoin directly to the Treasury.

Under current rules, members of the U.S. Congress can trade stocks and ETFs. But repeated controversy over the timing of trades has fuelled bipartisan calls to ban individual trading by lawmakers entirely.

The filing came at a moment when controversy over asset trading by U.S. politicians has intersected with debate over bitcoin stockpiling legislation. As investment in spot bitcoin ETFs and discussion of federal bitcoin purchases draw attention at the same time, the linkage between policy and financial products has become clearer.