The crypto market is still down today. This is after Jane Street got sued. This is after the 10 a.m. ALGO got turned off. And just looking at XRP, we hit a high of like a $148 earlier on um February 25th.And today we're down back to A134. It feels as if we can never just get out of this range uh that we've been in on XRP. Now, I will talk about XRP in a later video, um, probably tonight at midnight regarding just the overall chart, what to expect, and really kind of what's happening here.But the main thing ...

Trump Media Weighs Truth Social Spinoff Following Bitcoin, Crypto ETF Moveshttps://t.co/J1tJyppPen ...

Friday's news did little to revive Trump Media stock. ...

Core Insights - Trump Media is currently in "ongoing discussions" to spin off Truth Social following the completion of its merger with TAE Technologies [1] Company Developments - The merger with TAE Technologies has reached closure, prompting Trump Media to explore the separation of its social media platform, Truth Social [1]

Core Viewpoint - The media company associated with President Trump is exploring the possibility of spinning off its businesses, including the social media platform Truth Social, into a new publicly traded entity [1] Group 1 - The discussions regarding the spin-off indicate a strategic move to separate the social media platform from the parent company, potentially enhancing its market value and operational focus [1] - The creation of a new publicly traded company could attract investors specifically interested in the social media sector, which may lead to increased capital and growth opportunities for Truth Social [1]

Group 1 - Trump Media shares closed at an all-time low on Tuesday before experiencing a rise early Wednesday [1]

Core Viewpoint - Trump Media is significantly increasing its involvement in the cryptocurrency space by filing with the SEC to launch two new crypto-linked ETFs focused on Bitcoin, Ether, and Cronos, targeting active traders seeking exposure and potential yield through staking rewards [1][2]. Group 1: ETF Details - The new ETFs will be managed by Yorkville America Equities and offered through Foris Capital, indicating a strategic partnership with Crypto.com [2]. - The Truth Social Bitcoin and Ether ETF is structured to hold approximately 60% Bitcoin and 40% Ether, with plans to stake the Ether portion for rewards [4]. - The Cronos Yield Maximizer ETF aims to track the performance of Cronos (CRO) while generating income through staking on the Cronos network [4]. Group 2: Market Context - The launch comes at a time when U.S. spot Bitcoin ETFs have experienced four consecutive weeks of outflows, totaling over $360 million, reflecting institutional caution in the market [2][5]. - Despite the current market downturn, some large asset managers are quietly increasing their exposure to cryptocurrencies, viewing the dip as a long-term opportunity, which aligns with Trump Media's strategy [3]. Group 3: Fund Structure and Fees - The proposed ETFs will have a management fee of 0.95%, positioning them as active, premium investment vehicles rather than low-cost, passive trackers [5].

Trump Media's Truth Social Funds applied for ETFs that would give investors exposure to crypto—one focused on Bitcoin and Ethereum, the other on Cronos. https://t.co/p78j3eMFVi ...

Trump Media Files to Launch Truth Social-Branded Bitcoin, Ethereum, Cronos ETFshttps://t.co/IkPqnrmCTc ...

LATEST: ⚡ Trump Media's Truth Social Funds has filed a registration statement with the SEC to launch a combined Bitcoin and Ethereum ETF as well as one tracking the performance of CRO. https://t.co/i6zYMAQx7V ...