Ethereum News Today: Trump Family Crypto Venture Boosts ETH Holdings 126.2% in Three Months

World Liberty Financial (WLF), the flagship crypto venture of the Trump family, has significantly bolstered its Ethereum (ETH) holdings. On July 18, WLF allocated $3 million in USDC to purchase an additional 861 ETH, elevating its total ETH holdings to 70,143, valued at approximately $251 million. This strategic move has generated over $23 million in unrealized profits for the company.

WLF's accumulation of ETH began in late 2024, with the company investing around $214.9 million to acquire 66,275 ETH between November 29, 2024, and March 5, 2025. The average price per ETH during this period was $3,243. On July 16, WLF procured an additional 1,531 ETH at approximately $3,266 per coin, followed by another purchase of 1,531 ETH at the same price, bringing its total holdings to over 69,000 ETH. Less than 24 hours later, WLF continued its buying spree, spending $3 million on another 861 ETH, increasing its treasury to 70,143 ETH.

The recent surge in Ethereum's price, which is up 8.5% in the last 24 hours and trading around $3,629, has contributed to WLF's paper profit of approximately $26 million. Ethereum's price has shown significant growth, with a 22.2% increase over the last seven days and a 43% rally over the past month. Over the past three months, Ethereum has gained 126.2%, although it remains down about 26% from its all-time high of $4,878 set in November 2021. This price revival has pushed ETH above WLF’s average cost base, prompting their latest purchases.

WLF is not the only entity showing interest in ETH. SharpLink Gaming, a Nasdaq-listed company, has become the largest corporate holder of ETH, surpassing the Ethereum Foundation with over 313,000 ETH, valued at over $1.1 billion at current prices. Additionally, two newly created wallets have accumulated 206,415 ETH, worth $745 million, from the Kraken and FalconX exchanges within the last 10 days, indicating long-term holding strategies.

Spot Ethereum ETFs have also seen remarkable growth, with BlackRock’s ETHA drawing in more than $546 million in inflows a day after it posted $489 million in inflows. This growing institutional demand for ETH reflects a broader trend of increasing interest in the cryptocurrency market.