Trump’s Crypto Profits Fund Traditional Stock and Bond Holdings

Financial disclosures filed with the U.S. Office of Government Ethics on July 13, 2026 reveal that President Donald Trump earned more than $1.4 billion in 2025 from his family-backed crypto projects—including the “Trump meme coin” and World Liberty Financial. The filings list his stock and bond holdings at $703 million to $2.6 billion at the end of 2025, a fourfold increase from the $225 million to $608 million range reported at the end of 2024. At year-end, Trump owned 15.75 billion World Liberty governance tokens valued at over $50 million, and the Trump-related entities held at least $160 million in bitcoin and ether, up from $1 million-$5 million in ether a year earlier. The disclosures provide ranges rather than precise amounts, preventing exact allocation of crypto proceeds to the traditional assets.

Reuters

Since late 2024, Trump and his sons Eric Trump and Donald Trump Jr. have publicly urged investors to buy the family’s crypto offerings. Retail participants in the four main Trump-backed projects have reportedly lost $2.3 billion as of April 2026. Despite this advocacy, the president’s filings show he retains a large number of World Liberty tokens while channeling most of the crypto revenue into conventional securities.

Reuters

A spokesperson for the Trump family business said the disclosure “demonstrates that The Trump Organization continues to maintain a strong financial position, supported by world-class, valuable assets, substantial liquidity and a conservative balance sheet.” The White House told Reuters that the president’s assets are held in “fully discretionary accounts managed by independent third-party financial institutions.” David Wachsman, spokesman for World Liberty, asserted the firm “has been built for the long-term and we strongly believe the future of financial services will be architected with digital asset technology.” Eric Trump has repeatedly called bitcoin “the greatest asset of modern times” and predicted it could reach $1 million.

Reuters

Nine digital-asset experts noted that the filings suggest Trump “does not trust crypto as a primary store of his personal wealth.” Timothy Massad, director of the Digital Assets Policy Project at Harvard’s Kennedy School, argued the president’s personal strategy appears to “make a quick buck from crypto … but then invest his profits in traditional assets like stocks and bonds.”

Reuters

• “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,” — Timothy Massad, director, Digital Assets Policy Project

Reuters

• “World Liberty has been built for the long-term and we strongly believe the future of financial services will be architected with digital asset technology.” — David Wachsman, spokesman, World Liberty

Reuters

• “demonstrates that The Trump Organization continues to maintain a strong financial position, supported by world class, valuable assets, substantial liquidity and a conservative balance sheet.” — Family business spokesperson

Reuters