As the U.S. Senate works on regulating crypto, many are asking a simple but important question:
Which senators personally invest in crypto or crypto-related companies?
This question became more relevant after the Senate moved forward with the GENIUS Act, a bill aiming to regulate stablecoins. The act passed on May 19, 2025, with a 66-32 vote. Sixteen Democrats supported the bill, even though some in their party raised concerns over conflicts of interest.
In response, Senator Michael Bennet introduced the STABLE GENIUS Act, which would ban members of Congress from owning or issuing digital assets. It would also force them to place their crypto holdings in a blind trust while serving.
Despite these efforts, many lawmakers currently hold investments related to the crypto space. Here’s a list of 11 senators who have disclosed such holdings, either directly or through close family members:

Senators with Crypto-Related Investments
Name | State | Party | Crypto-Related Investment(s) |
Tim Sheehy | Montana | Republican | Intercontinental Exchange ($1K–$15K) |
Steve Daines | Montana | Republican | Sold multiple crypto ETFs including Valkyrie and ProShares |
Jacky Rosen | Nevada | Democrat | Invested in PayPal (launched a stablecoin in 2023) |
Dan Sullivan | Alaska | Republican | Owns shares in BlackRock (offers crypto ETFs) |
Markwayne Mullin | Oklahoma | Republican | Owns shares in Intercontinental Exchange, BlackRock; wife owns PayPal shares |
Tommy Tuberville | Alabama | Republican | Invested in PayPal |
Katie Britt | Alabama | Republican | Husband owns stock in Block (crypto-friendly firm) |
Bernie Moreno | Ohio | Republican | Owns $500K–$1M in eToro shares (crypto trading platform) |
Shelley Capito | West Virginia | Republican | Husband invested $15K–$50K in BlackRock |
Dave McCormick | Pennsylvania | Republican | Purchased Bitwise Bitcoin ETF shares |
Sheldon Whitehouse | Rhode Island | Democrat | Owns shares in Tesla, Block, and PayPal ($1K–$15K each) |
What Does This Mean for Crypto Policy?
The presence of crypto investors in the Senate raises questions about potential conflicts of interest. Some lawmakers vote on bills that could affect the companies they or their families invest in.
Efforts to limit these conflicts, such as banning investments or enforcing blind trusts, have not been very successful so far. Despite this, senators must still report their and their family’s investments under disclosure rules.
What’s Next?
More lawmakers may enter the crypto space as digital assets become more mainstream. Crypto’s rising popularity, combined with weak restrictions on congressional investments, means crypto exposure in Congress will likely grow.
It’s also important to note this list only covers U.S. Senators, not House members, where crypto legislation is also in progress. The influence of crypto in Washington is expected to increase, making financial transparency even more critical.
Key Takeaways
- 11 U.S. Senators or their family members have disclosed crypto-related investments.
- Most are Republicans, though a few Democrats are also involved.
- Crypto firms like PayPal, BlackRock, and Block appear frequently in filings.
- Proposed laws aim to reduce conflicts of interest but face strong resistance.
- With crypto adoption growing, more lawmakers may start investing in digital assets.
As new bills get proposed and voted on, watching who holds what in crypto may become just as important as what they say about it.
Updated May 25, 2025 at 2:00 pm
Remember, investing in cryptocurrencies involves risks, and it’s important to conduct thorough research and seek professional advice before making any financial decisions. (Please keep in mind that this post is solely for informative purposes and should not be construed as financial or investment advice.)
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