An analysis of Donald Trump's latest financial disclosures reveals an interesting pattern: despite his loud public support for digital assets, the former president directed a significant portion of last year's crypto market profits into traditional instruments — stocks and bonds. This offers a fresh perspective on his real attitude toward cryptocurrencies.
Portfolio Quadrupled in Size
Over the past two years, Trump's stock and bond portfolio has increased at least fourfold. While the value range of these assets stood at $225–608 million by the end of 2024, it grew to $703 million – $2.6 billion by the end of 2025. Such a leap indicates active capital rebalancing.
Former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad notes that the disclosures point to a strategy of quickly extracting profits from cryptocurrencies and then converting them into more conservative assets. This is a pragmatic approach used by many experienced investors, locking in profits at the peak of volatility.
"Despite the president's statements about the prospects of digital assets, the reports show that he uses cryptocurrencies for quick profits and then transfers the proceeds into traditional instruments like stocks and bonds," Massad comments.
Crypto Assets Remain, But Do Not Dominate
It is important to emphasize that Trump has not completely exited cryptocurrencies. He still holds over $50 million in WLFI governance tokens, and his companies own at least $160 million worth of Bitcoin and Ethereum. This is significantly more than the $1–5 million in ETH he reported a year earlier. However, the bulk of his personal funds remains concentrated in traditional securities.
Notably, the disclosures do not mention the purchase of shares in public crypto companies, which, according to media reports, are owned by his sons — Eric Trump and Donald Trump Jr. This may indicate a division of investment strategies within the family.
Political Tension Over Crypto Income
Over the past year, Trump declared over $1.4 billion in income from family crypto projects, including World Liberty Financial (WLFI) and his own memecoin. However, the picture is far bleaker for private investors: nearly 1 million holders of Official Trump (TRUMP) are suffering a collective loss of $3.81 billion.
The disclosure of the president's crypto assets has already raised questions in the Senate due to a potential conflict of interest. Senator Kirsten Gillibrand has again proposed banning the president, members of Congress, and their spouses from issuing memecoins. The debate around the issue is intensifying — economist Peter Schiff has called such tokens legal bribes.
My expert opinion: Trump is demonstrating a classic "risk management" model, where cryptocurrencies serve as a high-yield but temporary instrument. For long-term capital preservation, he prefers time-tested assets. This is a signal to the market: even the loudest crypto advocates are not ready to bet all their savings on it.