Ethereum’s Sharp Decline Leaves World Liberty Financial with $125 Million Loss

World Liberty Financial (WLFI), linked to former U.S. President Donald Trump, has reported substantial losses on its Ethereum (ETH) investments. The platform initially purchased 67,498 ETH at $3,259 per token, totaling $219.9 million. However, with Ethereum’s price plummeting below $2,000, WLFI recently sold 5,471 ETH at $1,465 each, realizing an $8.01 million loss. This leaves the firm with an estimated $125 million in unrealized losses as ETH continues to trade at depressed levels. The sharp downturn highlights the volatility and risks associated with cryptocurrency investments, even for institutional players.

World Liberty Financial Records Big Losses on Ethereum

US President Donald Trump’s World Liberty Financial (WLFI) has incurred significant losses on its Ethereum (ETH) holdings. The crypto investment platform had bought 67,498 ETH at $3,259, totaling $219.9 million. Recently, a wallet linked to WLFI sold 5,471 ETH, priced at $1,465 each, amounting to $8.01 million. This has left WLFI with approximately $125 million in losses. The price of ETH has dropped below $2,000 and is currently trading near $1600, up over 11% on the daily chart. market participants are closely watching WLFI’s recent ETH sales amidst market headwinds.

SEC Approves Options Trading for BlackRock’s iShares Ethereum Trust (ETHA)

The SEC has approved the first-ever options trading for BlackRock’s iShares Ethereum Trust (ETHA), making it the only approved ETF for options trading due to BlackRock’s strong regulatory track record. Following the news, the ETH price surged from $1,470 to $1,670, signaling renewed investor interest. The approval came on April 9, 2025, after Nasdaq ISE filed for approval in July 2025, seeking to list this option contract on the BlackRock-owned spot Ethereum ETF. Individual and institutional investors can now trade options linked to this ETF, offering new avenues for investing in Ethereum.

U.S. SEC Approves Options Trading on Spot Ethereum ETFs

The U.S. Securities and Exchange Commission has officially approved options trading on spot Ethereum exchange-traded funds (ETFs). According to filings published on Apr. 9, the SEC approved options tied to several spot Ethereum (ETH) ETFs, including BlackRock’s iShares Ethereum Trust, Bitwise Ethereum ETF, Grayscale’s Ethereum Trust, and Ethereum Mini Trust. Options are financial instruments that allow traders to speculate on the future price of an asset without owning it directly. This approval enables investors to employ advanced strategies like covered calls or buffered exposure to Ethereum, the second-largest cryptocurrency by market cap.

Ethereum Developer Virgil Griffith Freed After 63-Month Sentence

Ethereum developer Virgil Griffith has been released from prison after serving 63 months for giving a speech in North Korea about using blockchain technology to bypass U.S. sanctions. Griffith was arrested in 2019 and sentenced in 2021. The crypto community has mixed reactions to his release, with some hopeful for his comeback and others questioning the severity of his sentence. According to Brantly.eth, former ENS operations director, Griffith was released on April 9th and would spend a few weeks in a halfway house.