Truth Social Jumps 12% After Teasing Another Crypto Partnership for Patriotic ETFs

Just a few weeks ago, Truth Social was down bad. The company behind the social platform saw its stock plunge 11% in a single day, and at one point was down over 50% from where it stood on Trump’s inauguration day. Investors who bought on election day thinking they were gonna ride this rocketship to the promised land have probably been eating ramen noodles nonstop.

But now, those same folks can head out to a nice dinner (maybe McDonald’s or Panda Express), because the stock is showing a heartbeat.

DJT popped over 9% in after-hours trading Monday and tacked on another 3% this morning after the company announced a new partnership with Crypto.com. The plan is to launch a suite of exchange-traded funds (ETFs) and exchange-traded products (ETPs) under a new Trump-flavored financial brand called Truth.Fi.

The funds (set to drop later this year pending regulatory approval) will include a mix of cryptocurrencies like Bitcoin and Cronos (Crypto.com’s native token) and traditional securities tied to U.S. manufacturing and energy. Think of it as red-meat investing for the America First crowd. One proposed fund is literally called the Truth.Fi U.S. Energy Independence ETF. Another? The Made in America ETF. It’s obvious they’re not diverting from their target market.

Crypto.com and its U.S. affiliate, Foris Capital, will handle the backend infrastructure, custody services, and crypto supply. CEO Kris Marszalek called the Trump brand “a loyal following” and a way to access retail investors on a global scale. Considering Crypto.com’s 140 million users, the company clearly sees potential in bringing that MAGA enthusiasm to the trading floor.

For DJT, this could be more than a gimmick. The financials are a disaster. In 2024, the company made just $3.6 million in revenue and managed to lose $400 million (which takes real talent). That’s a loss of $111 for every dollar made (or as they call it internally, "growth hacking").

And yet… cash isn’t the issue. Trump Media ended 2024 with over $700 million on the books. Earlier this year, the board approved a plan to allocate up to $250 million into investments like ETFs, separately managed accounts, and crypto. So this new product launch may just be the first domino in a broader financial push.

They’ve also already applied for trademarks on six products, including the Truth.Fi Bitcoin Plus ETF (truly exciting stuff).

Still, the question remains… can printing Trump’s name on a basket of digital tokens and oil stocks create real value? Or is this just another distraction from a platform that still can’t crack the App Store’s top 100? (I think you know the answer).

For now, investors don’t seem to care. After weeks (actually months) of pain, DJT is doing something it hasn’t in a while… going up.

P.S. Just when you thought our beloved congressmen couldn’t get any greasier, one Republican lawmaker decided to YOLO $175k into a stock… right before a major FDIC announcement hit. Lucky timing? Insider edge? You be the judge. We broke it all down inside our recent Stocks.News premium article… click here to check it out ASAP. 

Stock.News has positions in McDonald’s.