Rep. Sheri Biggs has disclosed a purchase of up to $250,000 in BlackRock’s iShares Bitcoin Trust ETF, one of the largest bitcoin-related trades publicly reported by an active member of Congress.
A House periodic transaction report filed this week shows Biggs’ spouse purchased shares of the fund on March 4 in the $100,001 to $250,000 range through a professionally managed UBS account held in the W.S.B Trust.
The fund, known by its ticker IBIT, is BlackRock’s spot bitcoin exchange-traded fund, which directly tracks the price of Bitcoin.
Unlike an earlier disclosure tied to a similar purchase last year, the latest filing appears to comply with the STOCK Act’s 45-day reporting window. The March 4 trade was disclosed on April 16, 43 days later.
Biggs previously reported another IBIT purchase in the same dollar range tied to a July 2025 transaction. That filing was submitted late as part of a broader batch of delayed disclosures that drew scrutiny over congressional trading transparency, Yahoo Finance reported at the time.
No allegation of wrongdoing has been made in either case, and the latest filing states the account is professionally managed.
The timing is notable still.
On March 4, bitcoin traded in a volatile range. The Block’s price page shows BTC opened that day around $68,000 before closing above $72,000, extending a broader rebound fueled by renewed ETF inflows and improving sentiment.
The asset has since continued higher, helping restore gains across major corporate holders, including Strategy, whose bitcoin position recently moved back into profit, per SaylorTracker data.
Bitcoin is trading near $78,000 on April 17 after a ceasefire in the Strait of Hormuz, The Block reported.
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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