🚀 Trump Invests in XRP, BTC, and HBAR: ETF Approval Imminent!?

Mark Yusko, founder of Morgan Creek Capital Management, recently revealed that Trump and his son Eric Trump are heavily investing in cryptocurrencies, including Bitcoin (BTC), XRP, and Hedera (HBAR).

This move could have significant implications for cryptocurrency policy in the United States. 💼

According to Yusko, Trump and Eric Trump are actively acquiring digital assets, particularly BTC, XRP, and HBAR. These investments may place them at the forefront of the approval of these cryptocurrency ETFs. 📈

Policy Implications: There are rumors that the Trump administration plans to classify XRP and HBAR as part of a national cryptocurrency reserve, which could fundamentally change the way the United States handles cryptocurrencies. 🔍

Yusko mentioned whispers about exempting U.S. cryptocurrency capital gains tax, which could reshape the entire market. 💸

Yusko's comments also extended to the legal conflicts between the U.S. Securities and Exchange Commission (SEC) and several cryptocurrency companies, including the case against Ripple Labs and its token XRP.

The SEC accuses Ripple of offering unregistered cryptocurrency security products. ⚖️

Charles Hoskinson, founder of Cardano, dismissed claims about XRP and HBAR becoming strategic reserves, emphasizing that Bitcoin is the only competitor.

He believes these rumors are misinformation, possibly aimed at promoting specific altcoins. 🛡️

Trump's cryptocurrency initiatives reflect a strategy of global leaders embracing innovation to enhance national competitiveness. 🤔