Trump’s Blind-Trust Accounts Bought and Sold Coinbase and Robinhood Shares After SEC Closed Two Crypto Cases

President Donald Trump’s 927-page annual financial disclosure report, released Tuesday by the U.S. Office of Government Ethics, shows his investment accounts bought and sold shares in Coinbase and Robinhood in the months after the Securities and Exchange Commission dropped separate enforcement actions against the two companies.

Washington Examiner reported that the accounts completed 15 purchases of Coinbase stock valued between $310,000 and $875,000 and eight sales totaling between $334,000 and $760,000 from March through December 2025.

The same accounts made 12 purchases of Robinhood stock worth between $359,000 and $910,000 and sold between $31,000 and $115,000 of the shares from March through November 2025. The report lists $510,808 and $1,821,628 in validator rewards from two separate Coinbase staking agreements, for a combined $2.3 million.

It also records between $1,001 and $2,500 in Coinbase dividends and as much as $16,000 in capital gains from Coinbase share sales.

Income from Robinhood holdings was listed as none or less than $201. The SEC closed its case against Coinbase on Feb. 27, 2025, nearly two years after charging the firm with operating an unregistered securities exchange, broker, and clearing agency.

Five days earlier, the agency informed Robinhood it was ending a yearlong investigation into Robinhood Crypto without pursuing action. The commission cited the work of its Crypto Task Force and a policy decision to reform its regulatory approach. White House spokeswoman Anna Kelly said all of Trump’s assets are held in fully discretionary accounts managed by independent third-party financial institutions and that there are no conflicts of interest.