President Trump’s media company announced an agreement with Crypto.com on Monday to launch ETFs and related products.
Shares of Trump Media jumped about 9% in extended trading on Monday after the parent of the president’s social media company announced an agreement with Crypto.com to launch a series of exchange-traded funds and related products.
The company, which runs the Truth Social platform, has been hammered by investors so far this year despite President Donald Trump’s return to the White House. Prior to the after-hours gain, the stock was down 38% in 2025.
In the press release on Monday, Trump Media said the ETFs and exchange-traded products will have a « Made in America » focus and will launch later this year, subject to regulatory approval.
