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New ethics filings submitted to the US Office of Government Ethics show that President Donald Trump's accounts made multiple purchases of crypto-related equities in the first quarter of 2026, including Coinbase (COIN), Robinhood (HOOD), and two Bitcoin mining companies, MARA Holdings (MARA) and CleanSpark (CLSK).
The two 278-T filings, both dated Thursday, cover more than 3,000 securities trades across more than 100 pages. Trade values are reported in ranges rather than exact figures. The largest crypto-connected trade was a February 10 purchase of COIN in the range of $100,001 to $500,000, followed by a second COIN purchase approximately a month later in the $50,001 to $100,000 range. A March 17 purchase of HOOD shares was the only other crypto equity to exceed $100,000. Trades in MARA and CLSK were smaller, in the $15,001 to $50,000 bracket, with both buys and sells recorded for each.
Crypto-related equities made up a small portion of the overall disclosures, which were dominated by large positions in companies including Nvidia, Amazon, Microsoft, and Oracle.
A spokesperson for the Trump Organization said the president plays no role in any of the trades. "President Trump's investment holdings are maintained exclusively through fully discretionary accounts independently managed by third-party financial institutions with sole and exclusive authority over all investment decisions," the spokesperson told Decrypt. "Neither President Trump, his family, nor the Trump Organization plays any role in selecting, directing, or approving specific investments."
The disclosure arrives in a politically sensitive context. Trump and his family have accumulated substantial direct crypto interests, with family profits from the TRUMP meme coin and World Liberty Financial, the family's DeFi venture, reported at over $1 billion by October 2025. Ethics language limiting the president's personal crypto ventures had been a contested point in Clarity Act negotiations. The bill passed the Senate Banking Committee on Thursday without a firm deal on those provisions.
The 278-T filings do not indicate any wrongdoing. The ethics rules governing presidents are limited compared to those applying to other senior officials, and the Trump Organization's statement positions all trades as outside the president's knowledge or control. The disclosures do, however, add further detail to the picture of financial exposure to the crypto sector at the highest levels of the current administration.
