DeFi

Trump’s Crypto Project Appears to Have Bought Ether After Tariff Meltdown

Ether tumbled by more than 25% at one point during the weekend
‘Great time to add $ETH,’ Eric Trump wrote on X on Monday

Digital wallets belonging to World Liberty on Monday added about 21,177 Ether tokens in net inflows worth about $55 million.
Photographer: Angel Garcia/Bloomberg

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By Muyao Shen

February 4, 2025 at 7:13 PM UTC

This article is for subscribers only.

World Liberty Financial, the decentralized-finance project linked to Donald Trump’s family, appears to have added tens of million of dollars worth of the Ether cryptocurrency after crypto markets crashed during the weekend as the US president briefly imposed tariffs on Mexico and Canada.

And Eric Trump, the president’s third child, posted on social media platform X on Monday that “In my opinion, it’s a great time to add $ETH. You can thank me later.” He has since edited the post and deleted the second sentence. Representatives for World Liberty and the Trump Organization did not immediately respond to requests for comment.