Senator David McCormick, a prominent pro-crypto advocate, has invested up to $1.6 million in the Bitwise Bitcoin ETF (BITB) in 2025. Recent transactions on November 26 and 28 saw him add at least $680,000 to his holdings, with Bitcoin trading between $86,316 and $92,969. McCormick, a member of the Senate Banking Committee’s digital assets subcommittee, has been actively engaging in ETF news trading, aligning with a value investing strategy in the cryptocurrency sector. His investment activities, supported by Coinbase CEO Brian Armstrong, may prompt discussions on potential conflicts of interest due to his legislative role.