MercoPress. South Atlantic News Agency

Trump reported over $1.4 billion in crypto income in 2025, financial disclosure shows

The sharp growth of the Trump family's wealth during his presidency has revived questions about possible conflicts of interest

US President Donald Trump reported more than $1.4 billion in cryptocurrency-related income during 2025, the first year of his second term, according to the annual financial disclosure filed with the Office of Government Ethics and released this week. The 927-page document shows that digital assets became the president's main source of income, ahead of his real-estate, licensing and resort businesses.

Most of that income came from two sources. Trump reported some $635 million in royalties from the sale of his meme cryptocurrency, $TRUMP, through the firm CIC Digital, and more than $500 million tied to World Liberty Financial, the crypto venture he co-founded in 2024 with his sons Eric and Donald Jr. and partners close to the White House. The disclosure also revealed that the president holds more than $100 million in bitcoin, the first time a sitting US president has reported direct ownership of that asset. In all, his investments earned him close to $2.2 billion.

The sharp growth of the Trump family's wealth during his presidency has revived questions about possible conflicts of interest, since his administration adopted measures favorable to the crypto-asset sector, including reversing restrictions from Joe Biden's tenure and promoting the industry through executive orders. Trump, who years earlier had criticized cryptocurrencies —he once said bitcoin “is not money” and that such assets were “based on nothing”— now bills himself as the “crypto president.” According to the Reuters news agency, the family earned at least $2.3 billion from crypto-related projects since his return to the White House.

The White House rejected any questioning. Spokesperson Anna Kelly said that “neither the president nor his family has ever engaged, nor will ever engage” in conflicts of interest, and held that Trump made the country “the crypto capital of the world.” The president himself said he does not take part in managing his wealth: “They invest my money, and I don't talk to them,” he told reporters. Legally, moreover, the president and vice president are exempt from the rules that prohibit conflicts of interest for the rest of the executive branch's officials, although they must declare their income and assets.

Nonetheless, ethics specialists questioned the scale of the case. Don Fox, former acting director of the federal Office of Government Ethics, told Reuters that every president since Watergate had managed their finances as if subject to those rules, but that “with Trump those rules have simply vanished.” The disclosure also listed more than $500 million in income from his golf courses and resorts, a 15% rise, as well as donations from tech companies to projects linked to the president.