Market Commentary

Digital Assets Gain Ground in Congress as New Era Unfolds

Jahanzeb Salam
13 Jun 2025 · 3 minutes read

Capitol Hill is experiencing a crypto awakening. In the first half of 2025, congressional interest in digital assets has surged, driven by a combination of global market momentum and groundbreaking regulatory proposals. From high-stakes Bitcoin buys to experimental altcoin plays, recent trade disclosures reveal lawmakers are more than just spectators in the digital finance revolution.

Congressional Trading Hits 2025 Highs

According to Capitol Trades, lawmakers reported $728,000 in crypto transactions across 20 trades, led by Representatives Mike Collins, Brandon Gill and Guy Reschenthaler.

  • Brandon Gill executed some of the largest trades of the year, including a $106,446 Bitcoin buy on May 13, with additional six-figure BTC purchases in February and March. These repeated high-value moves signal long-term conviction in the world’s leading cryptocurrency.

  • Mike Collins embraced a more speculative strategy, making numerous low-cap trades in Ski Mask Dog ($SKI), Virtuals Protocol ($VIRTUAL) and The Graph ($GRT), many valued under $1.00 per unit. Still, he showed confidence in blue-chip assets too, with a $3,605 Ethereum buy in January.

  • Guy Reschenthaler stood out for a major $93,943 Bitcoin sale on April 24. He also diversified into Ripple ($XRP) and Solana ($SOL), indicating a broader focus across Layer-1 ecosystems.

The GENIUS Act: A Game-Changer for U.S. Crypto Policy

At the policy level, the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins) has emerged as a pivotal piece of bipartisan legislation, recently advancing past a key Senate hurdle. 

The bill proposes a clear regulatory framework for stablecoins, including a requirement for 1:1 backing with cash or short-term Treasuries, oversight by federal regulators such as the OCC and the Federal Reserve, and strict measures against unauthorized yield products and deceptive marketing. 

By promoting compliant innovation and reinforcing U.S. leadership in digital finance, the GENIUS Act has the potential to unlock trillions in capital, offer legal certainty for stablecoin issuers, and pave the way for wider institutional adoption of decentralized finance.

Global Momentum Aligns With Congressional Activity

This spike in crypto trading isn’t happening in a vacuum. It comes as the digital asset landscape undergoes a historic transformation.

  • Ethereum ETFs have attracted $744 million in net inflows across 12 consecutive days, with BlackRock (BLK:US) alone amassing over 214,000 ETH since mid-May.

  • Moscow Exchange and Sberbank launched Bitcoin futures on June 4, expanding crypto access to institutional investors in Russia.

  • Logistics firm Reitar Logtech Holdings announced plans to acquire up to $1.5 billion in Bitcoin ($BTC), signaling growing use of crypto in corporate treasury strategies.

  • Bitcoin has now become the seventh-largest asset globally, further solidifying its role as a major financial instrument.

What It Means for Investors

The convergence of institutional inflows, regulatory clarity, and rising congressional participation is sending a strong signal to investors that digital assets are no longer on the fringe. Ethereum and Solana, in particular, stand to benefit as stablecoin usage continues to drive network fees and demand. 

ETF holders may also see upside as on-chain activity boosts protocol revenues. Perhaps most notably, the active involvement of lawmakers, both in shaping crypto policy and trading digital assets, underscores a growing belief in crypto’s role as a foundational layer of the modern financial system. 

With the GENIUS Act moving through Congress and institutional exposure expanding globally, the U.S. is positioning itself to lead the next phase of blockchain innovation.