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Donald Trump's latest financial filings show he earned more than $1.4 billion from his family's crypto businesses in 2025. The same filings also show he invested a large part of those earnings into traditional assets like stocks and bonds instead of keeping most of the money in cryptocurrencies.
The financial disclosures were filed with the US Office of Government Ethics. They reveal that Trump's investments in stocks and bonds grew sharply during the year. Reuters reviewed the filings and found that his traditional investment portfolio increased at least four times over the past two years. By the end of 2025, those investments were worth between $703 million and $2.6 billion. A year earlier, the same portfolio stood between $225 million and $608 million.
The filings do not show exact values. They report assets in estimated ranges, making it difficult to know exactly how much crypto income moved into traditional investments. Even so, financial experts believe the documents clearly show that Trump preferred keeping most of his personal wealth in stocks and bonds after earning large profits from crypto.
Most of Trump's crypto earnings came from World Liberty Financial and the Trump meme coin. Those projects became major sources of income during 2025 and helped increase the family's presence in the digital asset market.
Trump also continued holding large crypto investments. The filings show he owned 15.75 billion World Liberty Financial governance tokens worth more than $50 million. Companies linked to Trump also held at least $160 million in Bitcoin and Ether, along with up to $6 million in other digital tokens. These holdings increased sharply compared with the previous year.
Timothy Massad, director of Harvard University's Digital Assets Policy Project and former chairman of the Commodity Futures Trading Commission, said, “The filings show an interesting investment strategy.” He believes Trump earned large profits from crypto projects and then placed much of that money into stocks and bonds for greater financial stability.
Trump's financial filings show that crypto can create large profits, while traditional investments still remain an important choice for protecting long-term wealth. The disclosures also show that many investors continue using stocks and bonds to balance the risks that come with digital assets.
The White House stated that Trump's assets remain in accounts managed by independent financial institutions. The Trump Organization said that the filings reflect a strong financial position with valuable assets and healthy liquidity. Company representatives did not explain why much of the crypto income later appeared in traditional investments.
World Liberty Financial said, “The company continues building for the future and believes digital assets will play a major role in financial services over the coming years.”
The disclosures also arrived after Reuters reported that retail investors in four Trump-backed crypto projects had lost about $2.3 billion by April. The report increased criticism from some lawmakers, who raised concerns about public officials earning profits from crypto businesses while supporting friendly policies for the industry.
Eric Trump continued promoting Bitcoin throughout the year and called it one of the world's strongest financial assets. Public support for cryptocurrency remained strong across the Trump family, even as the latest financial filings showed growing investments in stocks and bonds.
The latest disclosures present a clear picture of Trump's investment approach. Crypto earnings brought in billions of dollars during 2025, while stocks and bonds remained the preferred place to protect and grow personal wealth over the long term.
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