Per financial disclosures filed on July 7, Senator Pat Toomey (R-PA) has invested in two of Grayscale’s major cryptocurrency products.
The records indicate that Toomey purchased between $1,000 and $15,000 each of Grayscale Ethereum Trust and Grayscale Bitcoin Trust on successive days in the middle of June.
Toomey’s purchases make him one of the first senators to publicly invest in crypto, though Cynthia Lummis was earlier to announce Bitcoin holdings.
Just yesterday, similar disclosures revealed that Alabama Congressman Barry Moore had bought Ethereum, Cardano and Dogecoin. Unlike Moore, Toomey chose to buy Grayscale’s publicly traded trust offerings, which are based on Grayscale’s holdings rather than a customer’s direct purchase of cryptocurrency.
