New ethics filings show that President Donald Trump’s crypto connections extend beyond friendly policies, a meme coin, and a DeFi business to trading crypto-related equities as well. 

The president is listed as the filer on two separate 278-T filings dated Thursday that were filed with the U.S. Office of Government Ethics, reporting securities purchases or sales in excess of $1,000 made on behalf of the filer or their spouse or dependents. 

According to the filing, the president was assessed and paid a late fee for the more than 100 pages reported, which detail more than 3,000 securities trades. 

Although specific trade amounts are not indicated, the ranges highlighted show trade ranges from $1,001-$15,000 to those between $1 million and $5 million.



While the largest trades involve America’s biggest publicly traded firms, like Nvidia (NVDA) and Amazon (AMZN), further downstream are reported purchases of crypto-related equities like leading American crypto exchange Coinbase (COIN) and crypto and traditional brokerage platform Robinhood (HOOD). 

The biggest reported trade with a crypto connection was a February 10 purchase of shares of COIN in the range of $100,001-$500,000. About a month later, another COIN purchase was registered at a slightly lower range, between $50,001-$100,000. 

A purchase of HOOD shares on March 17 was the only other crypto-related equity to exceed amounts of $100,000. Other trades, like buys and sells of Bitcoin miners MARA Holdings (MARA) and Cleanspark (CLSK) are also reported on the 278-T—but the values are much smaller, between $15,001 and $50,000. 

While President Trump and his family have drawn scrutiny for their crypto ties, which reportedly led to more than $1 billion in crypto profits by October 2025, a spokesperson for the Trump Organization said that neither the president nor his family has any say in the trades reported on the ethics filings. 

“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,” a spokesperson for the Trump Organization told Decrypt. 

“Neither President Trump, his family, nor the Trump Organization plays any role in selecting, directing, or approving specific investments,” they added. 

Language related to limiting the President’s personal crypto ventures had been a critical tension point as it relates to the passage of the Clarity Act, a major crypto piece of legislation. But the bill passed the Senate Banking Committee on Thursday despite no firm deal on ethics language. 

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