Trump Media (DJT) shares rallied as much as 13% on Tuesday, March 25 after announcing a partnership with Crypto.com to launch exchange-traded funds (ETFs) and other exchange-traded products (ETPs).
Provided that these products receive timely regulatory approvals, they will be launched in the back half of this year “with a made in America focus,” according to the company’s press release.
The ETFs will be available internationally via major brokerage platforms. Crypto.com alone has some 140 million users globally.
Despite today’s surge, DJT stock is down more than 33% in the year to date at the time of writing.
Is Crypto.com News a Reason to Buy DJT Shares?
The Crypto.com news bodes well for crypto enthusiasts since it reiterates President Donald Trump’s continued focus on the crypto market. However, it may not mean much for DJT investors.
Trump Media stock has been in a sharp downtrend this year primarily because it lacks the financial strength to keep investors excited beyond the election frenzy.
DJT brought in $3.6 million last year but lost an infinitely higher $400 million – and its team up with Crypto.com does little to improve that predicament, at least in the near term.
Trump Media is a speculative investment at best, which makes it even less attractive to own, given the U.S. economy is being broadly seen by many experts as headed for a recession in the back half of 2025.
Trump Media Stock Lacks Widespread Interest
Investors should practice caution on buying TMTG stock following the Crypto.com partnership as it’s not covered by Wall Street analysts, as tracked by Barchart.
It’s significant since the implication is that Trump Media is not currently on the radar of prominent institutional investors and is failing to attract widespread interest from the financial community, which could continue to result in reduced liquidity and increased volatility.
