U.S. Democratic Representative Rashida Tlaib has disclosed indirect exposure to crypto through exchange-traded funds, according to a report by the New York Post cited by BlockBeats on Aug. 23. Her latest financial filing shows that a retirement investment account worth about $1.2 million includes up to $15,000 in a Grayscale Ethereum ETF and up to $15,000 in a Bitcoin ETF. The filing lists both as ETF positions rather than direct holdings of BTC or ETH.
The disclosure also shows the retirement account contains 41 investments in total. Because members of Congress report assets in value ranges rather than exact figures, the precise size of Tlaib’s crypto-related ETF exposure cannot be determined from the filing alone.
The disclosure has drawn attention because Tlaib previously voted against the CLARITY Act, a bill backed by the crypto industry, and supported a resolution aimed at banning what was described as “crypto corruption.” The CLARITY Act is expected to move to the Senate in September after the U.S. Congress returns from recess.
U.S. Democratic Representative Rashida Tlaib’s latest financial disclosure shows that a retirement investment account worth about $1.2 million includes up to $15,000 in a Grayscale Ethereum ETF and up to $15,000 in a Bitcoin ETF, according to the New York Post report cited by BlockBeats on Aug. 23.
Both positions were disclosed as ETF holdings, not direct ownership of BTC or ETH. The filing shows the account contains 41 investments in total. Because U.S. lawmakers disclose assets in value ranges, the exact size of Tlaib’s holdings in the two crypto-related ETFs cannot be determined from the document.
Tlaib previously voted against the CLARITY Act, which supports the crypto industry, and backed a resolution intended to ban “crypto corruption.” The CLARITY Act is expected to be taken up by the Senate in September after Congress returns from recess.
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