Coinbase CEO: Trump’s Crypto Plans Spark Buzz in Crypto, Finance, and Tech

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Coinbase CEO Brian Armstrong has highlighted how U.S. President Donald Trump’s crypto agenda has become a central topic of discussion across the crypto industry, financial markets,  and the tech world.

“Basically, every conversation I had with major market leaders was focused on what the Trump administration planned to do on crypto,” Armstrong said on X.

During the WEF, Trump pledged to make the United States the “world capital of artificial intelligence and crypto.” This commitment, one of his first public statements since taking office on Jan. 20, has set a transformative tone for the industry.

He added that Trump’s bold vision is pushing industry players to step up, with many striving to avoid being left behind in the rapidly evolving landscape.

Trump is Pushing Industry Players to Step Up

“There are going to be more players and competition than ever in crypto, and we welcome it all,” Armstrong said, emphasizing the potential for crypto to modernize the global financial system. Traditional finance executives at the WEF, including Goldman Sachs CEO David Solomon, expressed interest in Bitcoin but acknowledged that regulatory restrictions limit their involvement. “At the moment, from a regulatory perspective, we can’t own, we can’t principal, we can’t be involved with Bitcoin at all,” Solomon said, describing Bitcoin as an “interesting speculative asset.”

Armstrong praised Trump’s approach, along with the leadership of Argentina’s President Javier Milei and El Salvador’s President Nayib Bukele, for embracing free markets as drivers of prosperity.

According to the latest CoinShares report, this marked the largest weekly inflows of 2025 so far, pushing year-to-date (YTD) inflows to $2.7 billion. vThe spike in activity has pushed total assets under management (AuM) to an all-time high of $171 billion.

Triggered by the Trump inauguration euphoria, digital asset products saw record inflows of $2.2 billion last week.

Trump Frenzy Triggers Inflows of $2.2B into Digital Asset Products

This accounted for 34% of total Bitcoin trading volumes on trusted exchanges, showing an increase in market engagement.

Switzerland and Canada followed with inflows of $89 million and $13 million, respectively, showing global demand for digital assets, reports CoinShares.

Global trading volumes for exchange-traded products (ETPs) also show there is a rise in interest, with $21 billion traded last week.