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Home/Markets & Investing/BITCOIN ETF · STABLECOIN US LEGISLATION

Sheri Biggs increases Congressional Bitcoin ETF exposure to $250,000

WG

Wilder Garrett

Bitcoin ETF · Apr 17, 2026

Sheri Biggs increases Congressional Bitcoin ETF exposure to $250,000

Source: DojiDoji Data Terminal

Representative Sheri Biggs of South Carolina has gained direct financial exposure to Bitcoin through a purchase of the iShares Bitcoin Trust (IBIT) valued between $100,001 and $250,000. The transaction was executed on March 4, 2026, and reported in mid-April, complying with the 45-day disclosure window required by the STOCK Act.

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Shareholders of the Bitwise Avalanche ETF (BAVA) receive 88% of the staking rewards generated by the fund's holdings. This income stream is the result of the fund staking up to 70% of the assets in its AVAX holdings through Bitwise Onchain Solutions. By committing these assets to validate transactions on the Avalanche network, the fund targets a 5.4% reward rate. Bitwise retains =

Biggs joins a group of lawmakers with direct exposure to Bitcoin exchange-traded funds, including Senator David McCormick and Representative Brandon Gill, who have collectively reported hundreds of thousands of dollars in Bitcoin ETF purchases over the past year. Federal law mandates that members of Congress report transactions exceeding $1,000.

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World Liberty Financial's Token Unlock Proposal Risks Creating Massive Selling Pressure

Public buyers of World Liberty Financial tokens will face selling pressure from a massive token unlock if a new proposal passes. The proposal seeks to unlock 62 billion WLFI tokens, valued at approximately $5 billion, over the next five years. 72% of these tokens are held by insiders, including President Donald Trump and his sons, while 27% belong to those who purchased tokens during public sales in 2024 and 2025. To unlock their holdings, insiders must burn 10% of their 45.2 billion tokens. Public buyers must affirmatively accept the new schedule during a 10-day window or remain locked indefinitely under existing terms. For public buyers, the unlock begins in 2028 and lasts two years. Insiders will see their tokens unlock over a period of three years starting in 2028. The availability of 62 billion tokens for sale will create selling pressure on a token already hovering near all-time lows.

The disclosure comes as Washington continues to debate digital asset regulation and federal Bitcoin reserve policies. Bitcoin is currently trading near $77,000 following an announcement by Iranian Foreign Minister Abbas Araghchi that the Strait of Hormuz has reopened under a 10-day truce. President Donald Trump stated on social media that the ‘Strait of IRAN is fully open and ready for full passage.‗

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Institutional Demand for Bitcoin Grows as IBIT Draws $137.57 Million Amid 22% Price Drop

The iShares Bitcoin Trust (IBIT) pulled in $137.57 million in fresh capital on April 13, 2026, even as Bitcoin’s price remained under pressure. The inflows occurred while BTC-USD traded at $74,523.52, down 22.34% over the prior three months amid persistent volatility and macroeconomic uncertainty. The new investment represents 0.24% of IBIT’s $57.81 billion in assets under management. That appetite for exposure through a regulated fund suggests institutional and advisory investors see the downturn not as a warning sign but as a strategic entry point. With IBIT now serving as a primary conduit for institutional Bitcoin allocation, its flows have become a leading indicator of sustained confidence in the asset class, independent of short-term price swings.

Bitcoin ETFstablecoin US legislation

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