Trump Disclosure Shows Crypto Profits Shifted Into Traditional Stocks and Bonds

U.S. President Donald Trump recently reported earning as much as $1.4 billion from cryptocurrency in 2025. His extensive digital-asset holdings have raised conflict-of-interest concerns as the U.S. Senate prepares to vote on a key crypto bill. The legislation would reshape the U.S. regulatory framework for digital assets, putting the president's financial transparency and its implications for national policy under scrutiny.

U.S. Senator Elizabeth Warren recently wrote to Trump asking him to voluntarily disclose his cryptocurrency earnings for the first half of 2026. Citing his previously reported profit of as much as $1.4 billion in 2025, Warren said he must release his latest financial information ahead of the vote to guard against potential conflicts of interest arising from the crypto bill. The request is intended to protect the integrity of the vote and provide the public with an accounting of his financial interests.

The Trump family launched World Liberty Financial in September 2024 and issued the $TRUMP meme coin in January 2025. After returning to the White House, Trump took the lead in shaping cryptocurrency policy while his private businesses also benefited, raising concerns about conflicts between his presidential powers and commercial interests.

An annual financial disclosure released by the U.S. Office of Government Ethics on June 30, 2026, showed that Trump earned more than $1.4 billion from crypto-related ventures in 2025, including about $635 million from $TRUMP and about $799 million from World Liberty Financial. Nansen data through the end of June showed that nearly 990,000 wallets had lost a combined $3.81 billion, while Bitcoin was down about 50% from its all-time high.

The U.S. Office of Government Ethics’ Form 278-T is used to disclose securities transactions by government officials. Coinbase is a cryptocurrency exchange, MARA Holdings is a Bitcoin miner, and Strategy, formerly MicroStrategy, holds a large amount of Bitcoin. Because all three stocks are closely tied to the crypto market, changes in the Trump family’s holdings have drawn close attention.

First-quarter 2026 filings released on May 14 showed that the Trump family bought shares in all three companies in multiple transactions. The filings listed nine Coinbase purchases, the largest of which, on February 10, was valued at between $100,000 and $250,000. The family also traded Nvidia, Microsoft, Oracle and Boeing during the period, with some individual transactions ranging from $1 million to $5 million. Total reported transactions for the quarter were valued at about $220 million to $750 million.