Donald Trump holds $1-5 million in Ethereum and earns millions from NFTs, actively changing the crypto scene amid the US presidential election.
Former U.S. President Donald Trump has entered the cryptocurrency market, holding between $1 million and $5 million in Ethereum and earning millions from NFT rights deals.
These details were revealed in a recent election disclosure, highlighting Trump’s active involvement in the digital asset space.
Donald Trump’s Ethereum Investment
Recent asset disclosures for the U.S. elections reveal that Trump holds between $1 million and $5 million in Ether, making him a significant player in the cryptocurrency market.
According to Arkham Intelligence, Trump’s Ethereum wallet is estimated to be worth about $3.6 million, reflecting his investment in digital currencies.
In addition to his Ethereum holdings, Trump has profited from the NFT craze, reportedly earning over $7 million from a licensing deal with NFT INT.
Meanwhile, former First Lady Melania Trump also ventured into the NFT market, generating $330,609 from sales.
Trump Family’s Growing Crypto Involvement
Interest in cryptocurrencies extends beyond Trump himself and seems to be expanding.
According to a report from Coingape, Donald Trump Jr. has launched a new crypto and DeFi project and started a Telegram group called “The Defiant Ones” to promote it. This group has quickly gained over 11,000 members.
Sales data from OpenSea shows that Trump’s digital ventures have been lucrative, with Trump Digital Trading Cards trading for more than 15,808 ETH.
Trump has also hinted at releasing another NFT collection, indicating his ongoing interest in digital assets.
Community Reactions and Political Context
The crypto community has been closely watching politicians’ involvement in digital currencies.
Despite Trump’s previous public support for cryptocurrencies, he did not mention this particular investment during recent appearances, such as his talk with Elon Musk on X Space or at a campaign press conference.
However, Trump’s crypto investments and his family’s connection to other crypto ventures are seen as a positive development for the digital sector.
Meanwhile, other events, like the “Crypto For Harris” town hall, faced sharp criticism, with Tyler Winklevoss labeling it a “clown show.”
These reactions highlight the ongoing political engagement with crypto regulation and advocacy, which continues to be a central issue in current political and economic debates.