Donald Trump invested a significant portion of last year's crypto market profits into stocks and bonds, according to analysts at Reuters who reviewed his latest financial disclosures.
The documents show that despite his public support for cryptocurrencies, Trump does not hold the bulk of his personal funds in them. His traditional investments have quadrupled.
According to the Reuters analysis, Trump's stock and bond portfolio grew at least fourfold over two years. By the end of 2025, he held between $703 million and $2.6 billion in these assets, compared to a range of $225–608 million a year earlier.
Timothy Massad, former chairman of the Commodity Futures Trading Commission (CFTC), said the filings indicate a strategy of quick profit-taking.
"Despite the president's statements about the prospects of digital assets, the reports show he uses cryptocurrencies for quick profits and then transfers the gains into traditional instruments like stocks and bonds," he noted.
The published information does not mean Trump himself makes the investment decisions. The White House emphasized that his assets are held in a fully discretionary account managed by independent third-party organizations.
Reuters analysts also noted that Trump still holds 15.75 billion WLFI governance tokens worth over $50 million. By the end of 2025, his companies owned at least $160 million in Bitcoin (BTC) and Ethereum (ETH). This is significantly more than the $1–5 million in ETH Trump reported a year earlier. He also did not disclose the purchase of shares in two public crypto companies supported by his sons, Eric Trump and Donald Trump Jr.
Political tension is rising around Trump's crypto income. Over the past year, Trump declared over $1.4 billion in revenue from family crypto projects, including World Liberty Financial (WLFI) and his own memecoin. For private investors, the picture is much bleaker. According to BeInCrypto, nearly 1 million holders of Official Trump (TRUMP) are facing a collective loss of $3.81 billion. The disclosure of the president's crypto assets has already raised questions in the Senate over potential conflicts of interest. Senator Kirsten Gillibrand has again proposed banning the president, members of Congress, and their spouses from issuing memecoins. The debate is intensifying—economist Peter Schiff called such tokens legalized bribes.