How much money did Trump make from NFT issuance?

Republican candidate Donald Trump owns up to $5 million worth of cryptocurrency and has made more than $7 million from his foray into non-fungible tokens (NFTs), a new financial disclosure document shows.

According to personal financial disclosure documents obtained by ethics watchdog Citizens for Morality, Trump declared holdings of Ethereum cryptocurrency assets worth between $1 million and $5 million.

Additionally, Trump revealed that he earned more than $7.15 million from three NFT collections, including the "Mugshot" project for criminal prosecution and two separate Donald Trump trading card series collections.

Trump revealed he owns up to $5 million worth of cryptocurrency. Source: Citizensforethics

Previously, Trump hinted at releasing a fourth NFT series on July 16, telling Bloomberg that "people expect" him to release another one.

The former president recently released a line of “official crypto sneakers” on August 1, with a limited edition of 1,000 pairs of orange high-tops that sold out in a few hours despite a $499 price tag.

Blockchain analytics platform Arkham Intelligence estimated Trump’s Ethereum cryptocurrency holdings to be worth $3.5 million at the time of publication.

Donald Trump holds $3.5 million worth of ETH. Source: Arkham Intelligence

In June, as the price of the MAGA memecoin with the word "Trump" printed on it rose sharply, Trump's on-chain cryptocurrency holdings soared to $18 million.

The TRUMP memecoin was launched in August to donate to US veterans and protect children. Although it is named after the former president, it is not officially associated with or endorsed by Donald Trump.

Trump's cryptocurrency holdings surged to $18 million in July during Trump rallies. Source: Arkham Intelligence.

In addition to cryptocurrencies, the disclosures show that the former president earned more than $300,000 from the sale of a range of branded products and a combined $216 million from his Lake Mara resort and his own-brand golf course in Doral, Florida.

This is a slight change from August 2023, when Trump disclosed owning more than $2.8 million in Ethereum-based crypto assets and reported more than $4.8 million in NFT gains.

Trump is legally obligated to file full financial disclosures during his campaign for U.S. federal office.

Trump, once a critic of Bitcoin and cryptocurrencies, has become an outspoken advocate for digital assets in recent months, establishing a pro-crypto stance as a key part of his 2024 campaign.

Speaking at the Bitcoin 2024 conference in Nashville, Trump pledged that if elected president, he would build a national Bitcoin reserve and establish the United States as the “crypto capital of the world” by implementing a series of crypto-friendly policies.