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Trump family trust picked up Coinbase and these crypto-related stocks in Q1, ethics filing catches

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Why long-term crypto holders borrow against assets instead of selling.

Cover art/illustration via CryptoSlate.

Key facts

Summary

US President Donald Trump's family trust executed hundreds of millions of dollars in financial transactions during the first quarter of 2026, including the acquisition of stocks directly tied to the digital asset industry, even as his administration pushed sweeping, pro-cryptocurrency regulatory overhauls. According to a mandatory 278-T financial disclosure form released on May 14 by the US Office of Government Ethics, the president's portfolio underwent more than 3,600 transactions between January and March. The filings indicate the cumulative value of these transactions ranges from $220 million to $750 million across municipal bonds, index funds, and individual corporate equities. While the vast majority of transactions involved traditional blue-chip stocks and broad-market index funds, the targeted purchases of crypto-adjacent firms have drawn immediate scrutiny from government ethics watchdogs. According to the filing, much of the capital moved through familiar blue-chip names.

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