New ethics filings show President Donald Trump's financial ties to the crypto industry extend beyond policy to include direct trading of crypto-related equities. Two 278-T forms filed with the U.S. Office of Government Ethics report securities trades exceeding $1,000, with over 100 pages detailing more than 3,000 individual trades.
Among the largest reported crypto trades: A February 10 purchase of Coinbase (COIN) shares valued between $100,001 and $500,000. A smaller COIN purchase followed in March. On March 17, Robinhood (HOOD) shares were also purchased in amounts exceeding $100,000. Smaller trades involved Bitcoin miners MARA Holdings (MARA) and CleanSpark (CLSK).
A Trump Organization spokesperson told Decrypt that neither the president nor his family has any say in these trades. The holdings are managed through fully discretionary accounts by third-party financial institutions with sole authority over investment decisions. The spokesperson added that the Trumps play no role in selecting, directing, or approving specific investments.