Trump shifted crypto earnings into traditional investments, financial filings reveal

US President Donald Trump invested a large share of the money earned from his family’s cryptocurrency ventures into traditional financial assets, according to newly released financial disclosure documents. The filings indicate that while Trump and his sons actively promoted crypto projects, a significant portion of the profits generated from those businesses was directed into stocks and bonds instead.

The disclosures, submitted to the US Office of Government Ethics, show that Trump earned more than $1.4 billion last year through family backed cryptocurrency projects, including World Liberty Financial and the Trump meme coin. These ventures attracted widespread investor interest, although many retail investors later suffered heavy losses as the value of several Trump linked digital assets declined.

An examination of Trump’s financial disclosures shows that the value of his stock and bond portfolio increased sharply over the past two years. By the end of 2025, his holdings in traditional financial assets were estimated to be worth between $703 million and $2.6 billion. In comparison, those investments were valued at between $225 million and $608 million a year earlier. Because US ethics filings report asset values within ranges rather than exact figures, it is not possible to determine precisely how much of the crypto income was invested in these safer assets.

Financial experts who reviewed the disclosures said the documents suggest Trump does not rely on cryptocurrency as the primary place to preserve his personal wealth. While he has strongly promoted digital assets and repeatedly described the United States as the future global leader in cryptocurrency, analysts believe his investment strategy appears more cautious than his public statements suggest.

Timothy Massad, director of the Digital Assets Policy Project at Harvard University’s John F. Kennedy School of Government, said the filings indicate that Trump benefited from selling crypto related products before moving much of the earnings into more stable investments such as stocks and bonds. Massad, who previously led the Commodity Futures Trading Commission during the Obama administration, said the disclosures present a contrast between Trump’s public support for digital assets and his personal financial decisions.

A report published last month estimated that retail investors in four major Trump backed cryptocurrency projects had collectively lost around $2.3 billion by April. Despite those losses, the latest disclosures show Trump continues to maintain a significant presence in the cryptocurrency sector.

The filing reveals that Trump still owns 15.75 billion governance tokens issued by World Liberty Financial. The tokens are valued at more than $50 million and were granted to him because of his role as a co founder of the company. According to the disclosure, these holdings are subject to a longer lock up period than those held by ordinary investors, meaning they cannot be sold immediately.

The documents also show that companies managing Trump’s interests in World Liberty Financial and the Trump meme coin project held at least $160 million worth of Bitcoin and Ether by the end of 2025. In addition, they owned up to $6 million in other digital tokens.

The disclosures offer a detailed look at Trump’s financial position and highlight how his wealth is spread across both cryptocurrency ventures and more traditional investment assets, despite his continued public support for the expanding digital currency market.