Trump Defends $1.4B Crypto Income as Bitcoin ETF Inflows Snap Back

US President Donald Trump defended earning roughly $1.4 billion from crypto ventures while in office, saying there was “nothing wrong” with the profits after a fresh financial disclosure reignited conflict-of-interest concerns, according to Cointelegraph. The disclosure landed the same day US spot Bitcoin ETFs posted their strongest inflow day since May and tokenization platform Securitize made its Wall Street debut with tokenized shares live on Solana and Avalanche.

Trump’s crypto windfall reignites scrutiny

Trump’s latest financial filing shows crypto made up the majority of his more than $2 billion in reported 2025 income, Cointelegraph reports. Hundreds of millions of dollars came from his TRUMP memecoin, World Liberty Financial, and a stablecoin venture.

The disclosures land as Congress debates major crypto legislation, including the CLARITY Act, fueling renewed criticism that Trump could personally profit from policy he has influence over. Trump dismissed the concerns, insisting others manage his investments and that he isn’t directly involved in the decisions.

The episode underscores how intertwined politics and crypto have become in Washington, with digital asset companies reportedly pouring roughly $189 million into the 2026 election cycle in an effort to shape regulation, according to Cointelegraph.

Read more: Trump’s Crypto Push Stumbles as Market Structure Bill Misses July 4 Deadline

Bitcoin ETFs snap 10-day outflow streak

US-listed spot Bitcoin ETFs recorded their first daily net inflow above $200 million since early May, ending a 10-day stretch of withdrawals that totaled more than $2.7 billion. The funds pulled in $221.7 million in net inflows on Thursday, according to data from SoSoValue.

The rebound follows one of the weakest periods for spot Bitcoin ETFs this year, with the funds posting a record $4.5 billion in net outflows during June. The turnaround came as Bitcoin reclaimed the $61,000 level after briefly dipping below $59,000.

Bitwise chief investment officer Matt Hougan suggested the market could be nearing a bottom, Cointelegraph reports. Despite the inflow rebound, crypto market sentiment was measured at an “extreme fear” reading on Friday by the Fear & Greed Index from Alternative.me.

Securitize rallies on NYSE debut with tokenized shares

Tokenization platform Securitize rallied on its New York Stock Exchange debut on Thursday, trading under the ticker SECZ after merging with a Cantor Fitzgerald-backed special-purpose acquisition company. The company, backed by BlackRock and Morgan Stanley, simultaneously launched tokenized versions of its own shares on the Avalanche and Solana blockchains, available to eligible US investors on its platform.

Cointelegraph notes it marks the first time a newly public company has also offered tokenized stock, an area of crypto technology that has drawn growing institutional interest for its potential to deliver deeper liquidity and longer trading hours. Securitize has already built a lead in institutional tokenization, having partnered with the NYSE in March to develop tokenized assets for the exchange’s upcoming tokenized securities platform.