News View Non-AMP

Mark Yusko Claims Trump Is Buying XRP, BTC, and HBAR: New ETF Approvals Ahead?

Published by
Anjali Belgaumkar

Mark Yusko of Morgan Creek Capital Management, recently opened up about Trump’s approach to cryptocurrencies, revealing that Trump and his son are heavily investing in assets like HBAR and XRP, which might be approved for ETFs next year. He also said that Trump is heavily investing in Bitcoin as well.

In an interview with Scott Melker, he said that here’s even talk about exempting the U.S.-based cryptocurrencies from capital gains tax. This move could create a major shift in how crypto is treated in the U.S. market.

Despite XRP’s massive market cap, Yusko isn’t a fan. He believes XRP and Cardano lack real development. Unlike Circle’s stablecoin, which is backed by actual dollars, Yusko sees these coins as missing true innovation, even though they have high market value.

Pro-Crypto Leadership: A Shift in Power

Yusko also touched on Trump’s visit to Nashville, where he spoke directly to voters. He mentioned Trump’s promises, including firing SEC head Gary Gensler, and how Trump is under pressure to make moves, such as freeing Ross Ulbricht and creating a Bitcoin Strategic Reserve.

Yusko believes the current U.S. leadership is largely supportive of crypto. Key figures like Scott Bessent and the new SEC head are crypto-friendly, which could lead to positive changes in the industry. It’s a shift that could help propel the crypto market forward.

The Technologist Revolution: Billionaires Taking Control

Yusko said that it’s not just Trump – the real story is the rise of “technologist billionaires.” These innovators are pushing for changes that benefit both the tech industry and the nation. It’s not about political parties anymore; it’s about the tech leaders who want to shape the future.

With all these shifts in power, Yusko believes we’re entering a new phase for crypto, one driven by smart, tech-savvy leaders. Trump, learning from global leaders like Putin, seems ready to let these experts lead the charge in innovation.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

7 Best Meme Coins to Buy Now — APC Coin’s Deflationary Setup Catches Eyes with Neiro, Pepe Unchained, and More

What if the next big crypto boom isn't driven by Bitcoin or Ethereum, but by…

June 7, 2025

Top 7 Indicators That Ozak AI Is the Next Big Thing in AI Tokens

Convergence of artificial intelligence (AI) and blockchain technology continues to reshape the crypto space, one…

June 7, 2025

A New Era Begins with FUNToken AI Agent

FUNToken launches a smart rewards bot — the first step toward building an AI agent…

June 7, 2025

The 6 Best Crypto Exchanges: Top Picks for Seasoned Pros in 2025

The crypto market of 2025 is now a full-blown financial arena where professionals, institutional traders,…

June 7, 2025

Analysts Say This New Crypto Is The Best Risk-To-Reward Play Over Dogecoin (DOGE)

Analysts are spotlighting Mutuum Finance (MUTM) as the best crypto to buy now, outshining Dogecoin…

June 7, 2025

Investors Are Moving Beyond Dogecoin (DOGE): Ruvi AI (RUVI) Emerges as the Smarter 2025 Altcoin Bet

Investors seeking more than speculative momentum are increasingly shifting their attention from Dogecoin (DOGE) toward…

June 7, 2025