- Donald Trump made a ton of money in crypto last year.
- Digital assets have become one of the most lucrative parts of his business empire even as crypto struggles.
- Some have raised concerns about conflicts of interest and market trust in light of the disclosures.
When it comes to his own portfolio, Donald Trump has lived up the name he adopted on the campaign trail: the crypto president.
The crypto market has struggled this year, with bitcoin prices falling to a two year low last week, but Trump's recent financial disclosures show that digital assets reaped him a windfall in 2025.
A federal filing released by the US Office of Government Ethics shows Trump's profits from his various crypto businesses reached $1.2 billion in 2025. The 925-page document provides an extensive breakdown of his crypto exposure, including $50 million in bitcoin and $500 million from the World Liberty Financial token.
Similar to earlier disclosures that showed an astounding number of stock trades made during the first quarter of this year, news of Trump's crypto winnings has been met with scrutiny and criticism over potential conflicts of interest given the Trump family's crypto ventures.
Here's what smart people in market are saying about the president's crypto fortune.
Dan Weiskopf, portfolio manager at Tidal Financial Group
Weiskopf serves as co-portfolio manager of Tidal Financial's subversive ETFs, which tracks congressional trades. He told Business Insider that the president's crypto gains could draw louder criticism of the market at a time when proponents are working to legitimize digital assets and get key regulation through Congress.
"While I commend President Trump for filing the appropriate 1,000 page disclosures, listing about $1.4 billion from Crypto income in 2025 is not the Clarity needed to push forward his agenda to get the Market Structure Bill on his desk," he said. "The focus is on 'ethics and conflict of interest' and our President is adding fuel for the skeptics."
Daniel Newman, CEO of The Futurum Group
Newman noted that most of the profits revealed in the disclosure are the result of newly issued tokens surging shortly before a subsequent plunge.
"The disclosure lists over a billion in crypto revenue off World Liberty Financial and the $TRUMP token," Newman said. "But the $TRUMP coin briefly cleared $74 and now trades under $2. The crypto gains are clearly more speculative, stemming not from appreciation but from token issuance."
Gordon Johnson, CEO of GLJ Research
The market research firm's founder said that the length of Trump's 2025 disclosure immediately caught his eye, noting that those filed by previous presidents have been shorter.
But that wasn't the only concern he had, flagging the gains Trump made from a deal with a crypto group called Celebration Coins, which has no public online presence.
"The Trump family reported at least $1.4 billion in income in year one — about $635 million of it from a memecoin licensed to a group called 'Celebration Coins' that has essentially no public footprint, while his own administration was writing the rules for the entire asset class. If a public-company CEO booked $635 million from a counterparty you couldn't find in a Google search, the auditor wouldn't sign the 10-K."
Ross Gerber, Gerber Kawasaki Wealth & Investment Management
Wealth manager Ross Gerber was less restrained. The investor previously blamed the meme coins released by Trump ahead of his inauguration in 2025 for weighing on crypto and diminishing trust in the market.
After seeing Trump's 2025 crypto profits, Gerber's criticisms have grown louder. In comments to Business Insider, Gerber described the president meme coin activities and his crypto gains as "a straight up grift of his own supporters."
The White House did not respond to a request for comment.
The post What smart people in markets are saying about Trump's crypto windfall appeared first on Business Insider
