Trump-Linked Firm Expands Ethereum Holdings Over $250 Million

World Liberty Financial (WLF), an investment firm linked to the Trump family, has aggressively expanded its Ethereum holdings, accumulating over 70,000 ETH valued at approximately $266 million with an average purchase price around $3,249. This strategic accumulation has yielded unrealized profits exceeding $38 million amid Ethereum's recent price surge to near $3,800. President Donald Trump himself is reportedly prioritizing Ethereum in his crypto portfolio, holding 93% in ETH, which aligns with the broader institutional trend of increasing exposure to Ethereum for its utility and growing ecosystem. Other institutional investors, such as Nasdaq-listed SharpLink Gaming and wallets from Kraken and FalconX, have also significantly increased their Ethereum stakes, collectively contributing to a nearly billion-dollar institutional demand that is accelerating crypto integration into traditional portfolios. Ethereum's appeal lies in its robust decentralized finance infrastructure and ability to support smart contracts, which has attracted both smaller firms and major players like Coinbase. These developments underscore a maturing cryptocurrency market with growing interest from influential financial entities and figures, signaling confidence in Ethereum's future growth potential.