Trump familys $2.3B crypto windfall matched by $2.25B in investor losses, Reuters finds
President Donald Trumps family has turned crypto into one of the most lucrative businesses tied to its name, outpacing some of the companies that spent years building the digital asset market. Between the post-election momentum of November 2024 and April 2026, ventures tied to the US President generated roughly $2.3 billion in pretax crypto income, Reuters reported. To understand the sheer scale of this capital extraction, one must look at the foundational pillars of the industry during that same window. For context, the Trump firms gains exceeded Coinbases $2.1 billion in income over the same period, as well as earnings from major crypto operators across mining, stablecoins, exchange-traded funds, and market infrastructure. IREN, the largest Bitcoin miner by market value, earned $127 million during the period. BlackRock‘s Bitcoin ETF business, built around IBIT, the world’s largest spot Bitcoin fund, generated an estimated $109 million. Meanwhile, Circle, the issuer of USDC stablecoin, lost $14 million, while Galaxy Digital, a major crypto company, posted a $430 million loss. Trumps Crypto Ventures Outearn Crypto Firms (Source: Reuters) Unlike Coinbase or BlackRock, the Trump Organization did not compete on trading latency, deep liquidity, or assets under management. Instead, it leveraged an entirely different business model: an asymmetrical risk structure where the family









