Filings show Trump invested in stocks and bonds after crypto earnings topped $1. 4bn
The financial disclosures report asset values in ranges rather than exact amounts, making it impossible to determine precisely how much of the crypto income was
The financial disclosures report asset values in ranges rather than exact amounts, making it impossible to determine precisely how much of the crypto income was redirected into stocks and bonds. US President Donald Trump channelled a significant share of the billions of dollars he earned from his family's cryptocurrency ventures into traditional investments such as stocks and bonds, according to newly released financial disclosures filed with the US Office of Government Ethics. The filings, which cover his 2025 finances, indicate that while Trump publicly championed digital assets, his personal investment strategy leaned heavily towards conventional financial instruments.The disclosures show Trump received more than $1.4 billion last year from family-backed crypto ventures, including World Liberty Financial and the Trump meme coin.At the same time, Reuters' analysis of the filings found that his holdings in stocks and bonds increased at least fourfold over the past two years. By the end of 2025, Trump held between $703 million and $2.6 billion in traditional financial assets, compared with between $225 million and $608 million a year earlier.The financial disclosures report asset values in ranges rather than exact amounts, making it impossible to determine precisely how much of the crypto income was redirected into stocks and bonds.
However, digital asset experts who reviewed Reuters' analysis said the filings suggest Trump does not view cryptocurrency as the primary store of his personal wealth."Although the President talks about digital assets as the frontier of finance and making the United States the crypto capital of the world, the disclosure form suggests his personal strategy is to make a quick buck from crypto through the sale of his meme coin and World Liberty tokens but then invest his profits in traditional assets like stocks and bonds," said Timothy Massad, director of the Digital Assets Policy Project at the John F Kennedy School of Government at Harvard University. Massad previously served as chairman of the Commodity Futures Trading Commission under former President Barack Obama.The disclosures nevertheless show Trump has expanded his exposure to digital assets. At the end of 2025, he held 15.75 billion World Liberty Financial governance tokens valued at more than $50 million. The filing states that he received the tokens because of his role as a co-founder and is subject to a longer vesting schedule than other investors before he can sell them.The Trump companies that manage the president's interests in World Liberty Financial and the Trump meme coin project also held at least $160 million in bitcoin and ether, along with up to $6 million in other digital tokens at the end of 2025.
The BriefWire