Trump promoted crypto as the future. His own portfolio tells a different story: Report

Trump earned more than $1.4 billion last year from his family-backed crypto ventures, including World Liberty Financial and the Trump meme coin, according to disclosures filed with the US Office of Government Ethics.

A Reuters analysis of the filings showed that as crypto earnings surged, Trump’s holdings in stocks and bonds also expanded sharply. His traditional investment portfolio grew from an estimated $225 million-$608 million at the end of 2024 to $703 million-$2.6 billion by the end of 2025.

The disclosures do not reveal exactly how Trump allocated his crypto earnings, but Reuters said the filings indicate that the president has preferred to move a large portion of the proceeds into conventional investments rather than keep them in digital assets.

Trump still holds crypto assets

Trump has not abandoned cryptocurrencies. His disclosure showed he held 15.75 billion World Liberty Financial governance tokens, valued at more than $50 million, at the end of 2025.

More from Business

His companies also held at least $160 million worth of bitcoin and ether, the two largest cryptocurrencies, along with millions of dollars in other digital tokens.

However, the scale of his stock and bond holdings suggests that traditional assets remain a much larger part of his overall wealth portfolio.

The Trump Organization said the disclosure reflected a strong financial position supported by valuable assets, liquidity and a conservative balance sheet.

The White House said Trump’s assets were managed through “fully discretionary accounts” by independent financial institutions.

Retail investors face losses

Trump and his sons have aggressively promoted the family’s crypto ventures, with Eric Trump calling bitcoin “the greatest asset” of modern times and predicting it could eventually reach $1 million.

But retail investors who bought into Trump-backed crypto projects have faced steep losses. A Reuters report last month estimated that investors in four major Trump-linked crypto projects had lost around $2.3 billion as of April.

The contrast between Trump’s public crypto advocacy and his own diversified investment approach highlights the risks of speculative digital assets, where smaller investors often face the biggest losses.

While Trump has used crypto to generate significant wealth, his financial disclosures show that his personal fortune continues to rely heavily on traditional markets.