Just In: Donald Trump’s VP Pick JD Vance Holds This Amount Of Bitcoin

Boluwatife Adeyemi
November 1, 2024
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Just In: Donald Trump's VP Pick JD Vance Holds This Amount Of Bitcoin

Highlights

  • Donald Trump's VP pick JD Vance holds $250,000 to $500,000 in Bitcoin.
  • Vance has always been known to be pro-crypto, having supported crypto bills and even introduced one himself.
  • Trump doesn't officially hold any Bitcoin.

Donald Trump’s Vice President pick, JD Vance, has always been known to be pro-crypto, just like the former US president. However, a recent disclosure has shown that Vance isn’t only pro-crypto but also owns a significant amount of Bitcoin.

Advertisement
Advertisement

JD Vance Holds This Amount Of Bitcoin

According to a CBS report, JD Vance, a major supporter of digital assets, owns between $250,000 and $500,000 in Bitcoin. Like Donald Trump, Vance is known to be pro-crypto and has made eight positive statements about crypto.

As a US Senator, he once wrote to US SEC Chair Gary Gensler questioning why the Commission was so focused on enforcement actions against crypto firms rather than providing clarity to the industry. Meanwhile, JD Vance was also one of those who voted for the SAB 121 bill House Joint Resolution, a pro-crypto bill.

Vance’s ownership of Bitcoin is undoubtedly bullish, especially with Donald Trump believed to be leading in the polls. This again confirms that the US could soon usher in a pro-crypto administration that would boost the country’s crypto industry.

This development comes amid Trump’s recent call on crypto voters to join him in ending Kamala Harris’ war on crypto. The former US president reaffirmed his promise to commute Ross Ulbricht’s sentence on day one. Ulbricht created the Dark web marketplace Silk Road, which utilized Bitcoin for transactions.

Interestingly, most of the US government’s bitcoin holdings are from seizures related to the Silk Road Marketplace. The US currently holds 208,109 BTC ($14.59 billion).

Advertisement
Advertisement

Donald Trump Doesn’t Hold Any Bitcoin

Unlike JD Vance, the Republican presidential candidate doesn’t officially own any Bitcoin despite his public support for the flagship crypto alongside other cryptocurrencies. However, Arkham Intelligence data shows that Donald Trump owns several other coins, most of which were airdropped to him.

The top crypto he holds is Ethereum, holding 495,174 ETH. These ETH coins are likely royalties from his NFT trading cards, of which the former US president has already launched four collections,, the first dating back to 2022.

Meanwhile, although Donald Trump doesn’t hold any Bitcoin like JD Vance, there is no doubt about his support for the flagship crypto. He has promised to create a Bitcoin strategic reserve if elected as the next president.

It is also worth mentioning that earlier this year, Trump became the first-ever US president to transact with BTC. He used the crypto to purchase Burgers and drinks for supporters at the PubKey bar in New York.

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several niches. His speed and alacrity in covering breaking updates are second to none. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.