Bob Menendez buys BitcoinETF in GBTC, US senate selling Gold : Bitcoin Price

Currently, due to ongoing volatility in political, geopolitical, investment, banking, securities, and gold trades in the US, the US Senate is selling all its Gold Assets and focusing on Bitcoin ETFs and buying Bitcoin. Recently, in the United States, most US Congress persons have bought a large supply of Bitcoin and Ethereum to increase the worth of the US government and US Dominance or Avoid huge Inflations or Debts. Due to all this, now US Senator Bob Menendez is also planning to invest in Bitcoin and Ethereum ETF. By the way, in the list of senators, ‘Cynthia Lummis‘, who is the senator of Wyoming, has already invested a lot of money in Bitcoin. But now in the future, the top senators of the American States also want to encourage investment in Bitcoin so that they want to save all their securities or some money in Bitcoin to protect themselves from future government coups, government replacements, and upcoming financial or investing bills.

Why US Senate Investing in Bitcoin or Why did the US Congress, the EU, and the government bought Bitcoin?

Currently, elections are going to start in the US by the end of 2024, and many investors and political experts believe that Trump’s government can win in the US elections of 2024. On the other hand, Bob Menendez has been found guilty of being a foreign agent and federal corruption. But in the future, before the US elections in 2024, a majority of the US Senate can deepen ties with BlackRock and Assets management funds with the help of Bitcoin and Ethereum ETFs to shut down the corruption committed by them. Biden has recently given a big major support to Bitcoin industries which is believed to mean that many Bitcoin investors may vote for the Democratic Party after the approval of Bitcoin ETF. On the other hand, due to the increasing popularity of Trump and the Republican Party, Bitcoin may get a big boost under Trump in 2024. Due to this, after Hunter Biden, now Bob Menendez has also been found guilty due to the federal corruption trial. So now if Trump takes big action against the Democratic party Bitcoin can become a big opportunity. For US Politicians, Bitcoin ETF is much easier to buy, transfer, and adopt as securities in Bitcoin.