The article notes the recent interest in Congress for crypto as an “investment opportunity”, noting “eight lawmakers or their immediate family have traded cryptocurrencies over the past year, with bets ranging from about $1,000 to as high as $100,000.”
CNBC adds that while bitcoin was at the forefront of lawmakers’ investment interest, many also purchased ether and invested in the meme coin trend.
In CNBC’s article, 2iQ’s Capitol Trades is credited as a key source for the reporter’s analysis, with our data offering analysis of these crypto transactions.
Thirdly, Capitol Trades was also featured in an article by Benzinga, ‘7 Members of Congress Who Trade Crypto’. This article was published February 17, 2022, and took a closer look at the major names investing in crypto, such as Sen. Ted Cruz.
Capitol Trades launched in 2021 to deliver greater transparency into the trading activity of US politicians, quickly becoming a trusted source of data in the industry. Leading this sector of investor intelligence with its comprehensive free platform, Capitol Trades provides industry-leading filtering capabilities such as investment date, politician investments, stock insight, political party analysis and more.
CNBC’s Ylan Mui also used Capitol Trades database recently here, examining the push for more regulation on lawmakers’ trading ability.