US EditionTrump Media’s Stock Has Plunged by Nearly Half Since the Election. Now It’s Taking Action
- Trump Media & Technology Group has proposed an ETF to the NYSE that would allocate 75% of its holdings to Bitcoin and 25% to Ethereum, aiming to offer a cryptocurrency investment product associated with its Truth Social brand.
- This filing followed Trump Media's $2.4 billion capital raise to build a Bitcoin treasury and plans for politically branded crypto products amid a crypto-favorable SEC climate.
- The NYSE filing states the ETF aims to comply with listing standards, prevent fraud, and names Crypto.com as custodian, execution agent, and liquidity provider.
- Trump Media’s shares have fallen 46.6% year-to-date, closing Friday at $18.21. The company reported $821,000 in revenue and a loss in the first quarter. Strategist Steve Sosnick described the stock as costly given its ongoing losses and minimal income, though it continues to defy typical valuation standards.
- If approved, the ETF could represent a significant step toward broader acceptance of cryptocurrency investment vehicles, especially as regulatory attitudes shift and Trump Media expands its role in the digital asset space.
28 Articles
28 Articles
'Thank you for your attention to this matter': Senator trolls Trump on his own platform
Much as he did with Twitter in his first term, President Donald Trump has made Truth Social a primary tool for communicating with the world during his second administration. One Democratic U.S. senator has taken notice and is now mimicking his style.The New York Times reported earlier this week on Trump's use of Truth Social to announce both his airstrikes against Iranian nuclear sites and his brokering of a tenuous detente with Israel and Iran.…
Trump Media shareholders are 'sitting on sizable losses': CNN
Investors who hung onto –– are bought into Trump Media –– after Donald Trump was inaugurated are not reaping any financial rewards for their faith or commitment to the president.According to a new report from CNN's Matt Egan, the president's venture into social media remains a financial black hole, losing another $32 million in the first quarter with Trump Media shares having lost 48 percent of their value since Trump moved back into the Oval Of…
Trump Media’s stock has plunged by nearly half since the election. Now it’s taking action
In the weeks before last fall’s election, shares of Trump Media & Technology Group spiked as traders bet Donald Trump would return to the White House and make Truth Social the platform for presidential communications.
Trump Media Stock Edges Higher Pre-Market After NYSE Files To List Truth Social Bitcoin And Ethereum ETF Shares - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)
Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are inching higher in Wednesday's pre-market trading, fueled by progress on its planned spot exchange-traded fund tracking the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). What happened: NYSE Arca, a subsidiary of the New York Stock Exchange, submitted a proposed rule change to the SEC to list and trade shares of the Truth Social Bitcoin and Ethereum ETF. The 19b-4 filing sta…
Truth Social Files To Launch Dual Bitcoin And Ethereum ETFs
Trump Media & Technology Group, the parent company of Truth Social, has filed with the SEC to launch a dual Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund (ETF) to be listed on NYSE Arca. The filing, submitted on June 16, 2025, proposes the Truth Social Bitcoin and Ethereum ETF with a 75% BTC and 25% […] The post Truth Social Files To Launch Dual Bitcoin And Ethereum ETFs appeared first on Tekedia.
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