J.D. Vance, Set to Become First Millennial VP, Discloses Pre-Election Bitcoin and ETF Investments

Vice President-elect James David Vance is a venture capitalist with investment experience in technology and connections to several notable industry mavens.

Vice President-elect James David Vance has experience in venture capital, technology and connections to several notable industry mavens.

His pre-election financial disclosures, dated Aug. 13, 2024, show that his top holdings include investments in ETFs and Bitcoin (CRYPTO: BTC) himself, apart from his position as a general or a limited partner in a few private equity and venture capital funds.

United States Senate Financial Disclosures' official website details Vance’s holdings across the board. The most notable investments with the highest deployment of funds include top ETFs.

Invesco QQQ Trust, Series 1 (NASDAQ:QQQ) is Vance’s topmost investment with an invested value of between $1 million and $5 million. This is followed by $500,000 to $1 million investments in SPDR Dow Jones Industrial Average ETF (NYSE:DIA) and SPDR S&P 500 ETF (NYSE:SPY). Vance has also invested about $100,000 to $250,000 in the iShares 20+ Year Treasury Bond ETF (NYSE:TLT) and SPDR Gold Trust ETF (NYSE:GLD).

Apart from these, Vance has also invested about $100,001 to $250,000 in Bitcoin. He is also associated as a limited partner and general partner with Narya Capital Fund I, L.P, Rise of the Rest Seed Fund, LP and Rise of the Rest Seed Fund AIV GP, LLC.

Trump’s critic turned running mate, Vance had publicly called the President-elect “reprehensible” and said that he is worried about his political ideology, reported the Washington Post.

The senator brushed off the past criticism of Trump in his interviews before the election. “I was certainly skeptical of Donald Trump in 2016, but President Trump was a great president, and he changed my mind,” Vance said. The Vice President-elect said he “bought into the media’s lies and distortions.”

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