Trump’s Crypto Holdings Revealed: $3 Million in Assets and Millions from NFTs

Bitcoin continues to trade below $60,000 following Wednesday’s CPI report, with analysts predicting that its price will likely remain rangebound until the election. Meanwhile, recent campaign filings reveal that former President Trump holds over $3 million in various cryptocurrencies and has earned millions from his line of non-fungible tokens (NFTs).

An August 15 filing with the United States Office of Government Ethics, obtained by Citizens for Ethics, lists Trump’s assets and income, including $1 million to $5 million in an Ethereum wallet. Although the filing does not provide exact figures, research firm Arkham Intelligence estimates that the wallet contains $3.6 million in cryptocurrencies. According to Arkham, Trump’s wallet holds 492.5 Ethereum, worth approximately $1.29 million, 377.465 Wrapped Ethereum tokens valued at $989,500, and about $136,290 in the stablecoin USDC.

Trump also owns several Trump-themed cryptocurrencies, such as MAGA Again (MAGAA), Fight to MAGA (FIGHT), MAGA VP (MVP), MAGA Hat (MAGA), and BabyTrump. The largest holding among these is $132,760 in MAGAA, with the remainder of the Trump-themed coins each valued at less than $50,000. Additionally, the wallet includes various meme-coins trading close to $0, and significant holdings in alt-coins Trog (TROG) and Gua (GUA), worth approximately $370,210 and $339,420, respectively.

Analysts generally expect Bitcoin to trade between $50,000 and $70,000 through November, barring significant developments. Trump’s victory could potentially boost Bitcoin’s price. Alex Thorn, head of research at Galaxy Digital Holdings, predicts Bitcoin will remain in this range, influenced by macroeconomic conditions, election updates, and bankruptcy settlements from crypto exchanges like FTX and Mt. Gox.