Republican Representative Mike Collins from Georgia's 10th Congressional District has disclosed that he holds an investment in Ethereum (ETH) worth nearly $80,000. Collins also reportedly purchased $15,000 worth of Aerodrome (AERO), an automated market maker and decentralized exchange on the Ethereum network. The disclosure comes just days after Donald Trump won the U.S. election, causing crypto prices to surge. While Collins is not the first congressman to hold cryptocurrency, his move suggests a growing trend of elected officials embracing crypto. The U.S. crypto market is also optimistic about the future as it looks to move past the negative regulatory approach of the Securities and Exchange Commission under Chair Gary Gensler.



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