Recent comments by prominent American investor and hedge fund manager Mark W. Yusko have stirred speculation about former U.S. President Donald Trump’s involvement in some cryptocurrencies, including Bitcoin (BTC), XRP, and Hedera (HBAR).
In an interview shared by crypto influencer Amelie (@_Crypto_Barbie) on X, Yusko claimed that Trump, through a family-controlled entity, is acquiring various cryptocurrencies, including Bitcoin, Hedera, and XRP. The post’s caption amplified the claims, suggesting a strategic move by Trump into digital assets.
Yusko stated that Trump and his son, are purchasing cryptocurrencies that could be approved for exchange-traded funds (ETFs). While Yusko implied that Trump himself might lack direct knowledge of these investments, his comments suggest a strategic move by the president-elect into the crypto space.
Rumors and Implications
This isn’t the first time Trump’s name has been linked to cryptocurrency. Recent rumors suggested that Trump planning to include Hedera and XRP in a proposed U.S. strategic crypto reserve. However, these claims were refuted by Charles Hoskinson, the founder of Cardano, who tagged them as unfounded.
Despite the denials, speculation continues to swirl, fueled by Trump’s reported ties to World Liberty Financial, a financial institution inspired by his business and political persona. Many in the crypto community believe this connection indicates his growing interest in digital assets.
Trump has consistently supported cryptocurrencies. He even accepted crypto donations during his campaign. If Yusko’s claims are accurate, Trump’s involvement could have broader implications for the cryptocurrency industry.
High-profile endorsements or investments often attract significant attention and legitimacy to the market. Given Trump’s influence and political standing, his participation could encourage other investors, including institutional players, to follow suit.
