President Donald Trump invested a significant portion of his crypto-related gains into traditional financial assets such as stocks and bonds, according to new financial disclosures, even as he and his family continued promoting digital asset projects to the public.
Traditional Portfolio Grew Fourfold
The filings show a major increase in Trump’s conventional holdings.
Reuters reported that Trump’s portfolio of stocks and bonds rose at least fourfold, reaching between $703 million and $2.6 billion at the end of 2025.
U.S. News shared that Trump’s financial disclosures showed crypto profits being moved into safer traditional assets such as stocks and bonds.
The increase was sharp compared with the prior year. Trump held between $225 million and $608 million in stocks and bonds at the end of 2024, before his crypto income surged in 2025. Because federal disclosures list assets in broad ranges instead of exact amounts, the filings do not show precisely how much of the crypto income was directed into each asset class.
Experts See a Safer Wealth Strategy
The investment shift drew attention because Trump has publicly presented himself as strongly supportive of digital assets. Nine digital asset experts who reviewed the filings said the disclosures suggest Trump does not treat crypto as the main store of his personal wealth.
Timothy Massad, director of the Digital Assets Policy Project at Harvard Kennedy School, said the filings point to a practical strategy behind the public crypto enthusiasm. Massad said that the disclosure suggests Trump’s personal approach is to profit from crypto projects and then place proceeds into traditional assets like stocks and bonds.
Trump Still Holds Major Digital Assets
The disclosures do not show a full retreat from crypto. Trump still held 15.75 billion World Liberty crypto governance tokens, listed at a value of more than $50 million at the end of last year.
Trump-linked companies also held large crypto positions. Trump companies managing his interests in World Liberty Financial and the Trump meme coin project held at least $160 million in bitcoin and ether, plus up to $6 million in other tokens. That represented a large increase from the $1 million to $5 million in ether tokens Trump reported at the end of 2024.
Trump Organization Defends Financial Position
The Trump Organization defended the president’s financial disclosures. A spokesperson for the family business said the filing showed the Trump Organization maintained valuable assets, substantial liquidity and a conservative balance sheet.
The White House also emphasized that Trump’s investments are managed independently. The White House said the president’s assets are held in fully discretionary accounts managed by independent third-party financial institutions.
Crypto Promotion Remains Under Scrutiny
The findings come as Trump’s sons remain active promoters of digital assets. Eric Trump has repeatedly called bitcoin “the greatest asset” of modern times and predicted it would reach $1 million. Retail investors in four main Trump-backed crypto projects had lost $2.3 billion as of April.
The filings therefore raise a political and financial question: Trump publicly embraced crypto as a frontier technology and family business opportunity, but his disclosures suggest that much of the wealth generated from those projects flowed into more conventional assets. The result is a portrait of a president who benefited heavily from crypto while still relying on stocks and bonds to preserve personal wealth.
