Multiple members of Congress have been buying cryptocurrency and cryptocurrency-related ETFs as they look to diversify their portfolios and bet on a sector supported by the White House administration.
One member of Congress has been buying up Ethereum (CRYPTO: ETH) in 2025, which has turned into nice profits with the cryptocurrency recently hitting all-time highs.
What Happened: Congressman Mike Collins (R-Ga.) is among the members of Congress who have disclosed buying cryptocurrency in 2025, with multiple purchases reported on the Benzinga Government Trades page.
The most recent purchases came in August, with Collins buying $1,000 to $15,000 in Ethereum on Aug. 7 and $1,000 to $15,000 in Ski Mask Dog Coin (CRYPTO: SKI) on Aug. 22. The Ethereum purchase is notable as it came weeks before new all-time highs were hit.
Here’s a look at Collins’ Ethereum purchases in 2025:
- Jan. 3: $1,000 to $15,000
- May 1: $1,000 to $15,000
- July 8: $1,000 to $15,000
- Aug. 7: $1,000 to $15,000
The list does not include Ethereum purchased by Collins in 2023 and 2024, when he was also buying the second-largest cryptocurrency.
With the exception of the January purchase, Collins bought Ethereum in 2025 multiple occasions at less than $3,000, significantly lower than the …