Trump’s WLFi Fund Faces $110M Loss as Crypto Market Declines

The Trump-backed WLFi fund, which invested heavily in crypto assets, has suffered a $110 million loss, bringing its total crypto holdings down from $336 million to $226 million.

Breaking Down the WLFi Portfolio Losses

The WLFi fund, designed to leverage crypto and blockchain investments, has taken a substantial hit due to market-wide sell-offs. The biggest contributor to this decline is Ethereum (ETH), which dropped from $3,240 to around $2,000, accounting for 65% of the fund’s losses.

WLFi Portfolio Losses

Here’s a breakdown of the affected assets:

What’s Causing the WLFi Fund’s Decline?

Several factors are contributing to the significant drawdown in WLFi’s crypto holdings:

What’s Next for WLFi?

With Trump actively pushing for crypto adoption through initiatives like the White House Crypto Summit, some analysts believe WLFi could recover in the long run. However, key questions remain:

For now, the WLFi fund is under pressure, with its next moves being closely watched by the crypto community. Investors will be paying attention to market conditions and upcoming regulatory developments to gauge whether WLFi can bounce back from its $110M loss.