President-elect Donald Trump reportedly holds over $5.4 million in cryptocurrency, according to a new valuation from Arkham Intelligence. Trump’s portfolio has surged by 3.61%, or $196,600, since the latest assessment, highlighting his growing involvement in the digital asset space.
Breakdown of Trump’s Crypto Holdings
Donald Trump’s cryptocurrency portfolio includes a diverse range of assets, with Ethereum (ETH) taking the lead:
- Ethereum (ETH): Trump owns 495.664 ETH, valued at approximately $1.71 million.
- Wrapped Ether (WETH) on Polygon: His holdings total $1.64 million.
- TRUMP Coin: Trump has over $1 million worth of his namesake token.
- MAGA Meme Tokens: Approximately 579 tokens valued at $1.73 each.
Crypto Market Reacts to Trump’s Election Victory
Trump’s historic 2024 presidential election win sparked excitement across the cryptocurrency industry. His pro-crypto stance, paired with his cabinet choices, has fueled optimism about the sector’s future under his administration.
Last week, Trump announced the nomination of Howard Lutnick, CEO of Cantor Fitzgerald, as Commerce Secretary. Lutnick, a well-known Bitcoin advocate, is expected to play a significant role in shaping the country’s digital asset policies.
Crypto Market Growth and Trump’s Influence
Since Trump’s election victory, the cryptocurrency market has experienced significant growth. Bitcoin (BTC) has surged to new all-time highs, rising 40% in the past month alone. This bullish trend has also boosted the value of Trump’s personal crypto holdings, which continue to appreciate daily.
Arkham Intelligence data shows that Trump’s crypto wallets last recorded transactions two months ago. The activity includes trades in Ethereum, WETH, and USDC stablecoins, with Coinbase serving as Trump’s primary wallet provider.
Potential White House Crypto Role and Strategic Reserve
Bloomberg recently reported that Trump’s team is exploring the creation of a White House crypto role. This position would oversee national digital asset policy, signaling the administration’s commitment to integrating cryptocurrency into broader economic strategies.
Additionally, Trump’s advisory council is reportedly planning to establish the nation’s first strategic Bitcoin reserve. This move could solidify the United States’ position as a global leader in the crypto space and align with Trump’s stated goal of making America the “world’s crypto capital.”
