A filing submitted to the Office of Government Ethics has revealed that Donald Trump holds between $250,001 and $500,000 in Ether, the second-most-popular cryptocurrency by market cap, in an unspecified digital wallet. The crypto holdings, which could include other tokens, are likely connected to sales of a line of $99 Bitcoin a scam, adding, "I don't like it because it's another currency competing against the dollar,” according to BBC News. He later said, in an interview with Fox Business, crypto generally was "a very dangerous thing."
Trump’s competitors for the 2024 Republican presidential nomination have been more positive toward cryptocurrencies. At a campaign event last month, Florida Gov. Ron DeSantis said he wanted the federal government to be more accepting of them.
“We are going to allow Americans to invest in things like Bitcoin and cryptocurrency,” he said, according to Forbes. Another candidate, Vivek Ramaswamy, has said he supports Bitcoin because of its decentralization, adding that it is “…a source of competition to the existing system.”
