These 11 senators have made significant blockchain related investments in crypto

Some senators have made investments in crypto-related businesses while the Senate progresses on regulating the industry. 

As the debate over stablecoin regulation intensifies, the US Senate is now debating which lawmakers have personal investments in cryptocurrencies and cryptocurrency companies.

On May 19, the Senate decided to invoke cloture and proceed with the GENIUS Act, which would establish a stablecoin regulatory framework. The bill was supported by 16 Democrats and passed 66-32.

The bipartisan action was contentious because of Democratic worries about corruption and politicians' connections to Bitcoin companies. Senator Michael Bennet of Colorado introduced the STABLE GENIUS Act following the conclusion of the vote. The bill would force congressmen to place their cryptocurrency in a blind trust while they are in office and prohibit them from issuing or investing in digital currency.

There hasn't been much success with bills that forbid congressmen from investing in businesses they oversee. Lawmakers must still reveal approximate estimates of their investments, as well as those of their spouses and kids. These eleven US senators have made investments in cryptocurrency companies.

Montana

Republican Tim Sheehy

Tim Sheehy is a new senator who was elected in the 2024 election cycle. During his campaign, Sheehy said, "Crypto represents the future of banking and the internet, and thousands of jobs for America," drawing a comparison with his opponent, former Senator Jon Tester.

Sheehy has between $1,001 and $15,000 invested in Intercontinental Exchange, which provides cryptocurrency futures contracts, according to a June 2024 filing.

Republican Steve Daines

Since taking office in 2015, Steve Daines has served in the US Senate for ten years. He has been an advocate for the cryptocurrency sector in recent years, meeting prominent figures in the field such as Strategy CEO and Bitcoin evangelist Michael Saylor and winning a Digital Future Award from the Crypto Council for Innovation. 

Daines disclosed selling shares in cryptocurrency-related exchange-traded funds (ETFs) in a filing from November 2024. ProShares Bitcoin Strategy ETF, VanEck Bitcoin Strategy ETF, Bitwise Crypto Industry Innovators ETF, and Valkyrie Bitcoin and Ether Strategy ETF were among them.

Nevada

Democrat Jacky Rosen

Senator Jacky Rosen was elected to the Senate in the 2018 midterm elections and is now completing her second term. According to her platform, blockchain technology and cryptocurrency are "ushering in a new era for the digital economy," and Washington must create strong regulatory frameworks to stay ahead of the curve.

A July 24 filing states that Rosen owns stock in PayPal. In April 2023, the company introduced its stablecoin for the first time.

Alaska

Republican Dan Sullivan

Senator Dan Sullivan began his second term in January 2015 and is presently serving his second term. He co-sponsored the GENIUS Act and backed a joint resolution with the House of Representatives to alter accounting requirements for cryptocurrency companies while not being as vocal about cryptocurrencies and blockchain technology as his colleagues.

An August 2024 filing states that Sullivan has stocks in BlackRock, a company that provides ETFs with a focus on cryptocurrency.

Oklahoma

Republican Markwayne Mullin

After defeating Democrat Kendra Horn in a 2022 special election, Senator Markwayne Mullin assumed office in January 2023. Mullin praised cryptocurrency as a possible retirement investment prior to assuming office, claiming that his state might provide Bitcoin miners with favorable terms. He has backed GENIUS and the repeal of Staff Accounting Bulletin (SAB) No. 121 during his time in the Senate.

According to a filing made in August 2024, Mullin holds stock in BlackRock and Intercontinental Exchange, while his wife owns stock in PayPal. 

Alabama

Republican Tommy Tuberville

Senator Tommy Tuberville was elected in 2020 and is presently serving his first term in the US Senate. During his tenure, Tuberville has publicly endorsed cryptocurrency. He proposed a bill in April 2025 that would allow Americans to include cryptocurrency in their retirement accounts. Additionally, he has openly advocated for the creation of a Bitcoin reserve. 

A July 2024 filing states that Tuberville owns stock in PayPal.

Republican Katie Britt

Senator Katie Britt was elected to the Senate for the first time in 2022. She took cryptocurrency donations from supporters during her campaign. She argued in 2024 that the Biden administration was inhibiting innovation and called for the Securities and Exchange Commission to "get Gensler out." 

According to a July 2024 filing, Britt's spouse owns common shares in Block, a cryptocurrency-friendly payments company.

Ohio

Republican Bernie Moreno

In the 2024 federal elections, Bernie Moreno, a new senator, won his seat. Moreno advocated for more industry-friendly rules in the Senate and on the campaign road. He backed President Donald Trump's "day-one" appointment of Paul Atkins to lead the SEC in January.

Moreno holds between $500,000 and $1 million worth of shares in the online trading platform eToro, which provides cryptocurrency trading services, according to a filing made in August 2024. 

West Virginia

Republican Shelley Capito

Since 2015, Senator Shelley Capito has been a member of the Senate. She voiced worries throughout her tenure over the potential for cryptocurrency to be used to finance terrorism. However, her voting record is crypto-friendly; she voted in favor of the joint resolution to repeal SAB 121 as well as the GENIUS Act.

Her husband had between $15,001 and $50,000 invested in BlackRock, according to a May 2024 filing.

Pennsylvania

Republican Dave McCormick

First-term Senator Dave McCormick was elected in 2024 and was formerly President George W. Bush's undersecretary of the treasury for foreign affairs. McCormick promoted his state's Bitcoin mining sector during his candidacy. Prominent industry personalities have also defended his stance on cryptocurrency, including Brian Armstrong, CEO of Coinbase.

Several purchases in the Bitwise Bitcoin ETF by Dave are documented in a March 2025 filing.

Rhode Island

Democrat Sheldon Whitehouse

Since 2011, Sheldon Whitehouse has served in Congress as his state's senior senator. He has expressed worries in recent years about the energy usage of Bitcoin mining and the possibility that Russia could utilize cryptocurrency to get over US sanctions. He co-sponsored the Digital Asset Anti-Money Laundering Act of 2023, which Stand With Crypto described as "extremely anti-crypto," and he voted against the GENIUS Act. 

An August 2024 filing states that Whitehouse owns stock in PayPal, Block, and Tesla. Every investment ranges from $1,001 to $15,000.