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Trump Media is already sitting on unrealized losses of $455 million in Bitcoin. So why is the company moving another $205 million?

Wall Street is going rogue with a new UFO ETF. Don’t believe it? Here are the incredible details.

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TOP STORY

Trump Media Has $455 Million In Unrealized Bitcoin Losses: Why Did It Move Another $205 Million?

Trump Media transferred another $4.7 million in Bitcoin to Crypto.com as unrealized losses on its crypto bet swell to $455 million.

The company bought 11,542 Bitcoin at an average of $118,522 per coin and is now deeply underwater with BTC trading near $77,341.

The move follows Trump Media withdrawing its spot Bitcoin ETF application days earlier, and lands against a Q1 earnings report showing a $405.9 million net loss on just $871,000 in revenue — a loss that widened from $31.7 million a year ago.

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QUICK N DIRTY

XRP keeps attracting ETF inflows even though Bitcoin ETFs keep bleeding them. Why is that and why is XRP not going up on it?

CLARITY is supposed to bring clarity to the crypto industry and hopefully also lift market caps. Here’s what an industry expert says we can expect.

The Strategic Bitcoin Reserve is making a comeback with a new bill in Congress. Here’s what you have to know about this ‘Reserve Modernization Act.’

FINTECH FOCUS

Wall Street Now Has An Alien ETF — And Traders Have Bet $42 Million On It On Polymarket

Wall Street now has a UFO ETF — the Tuttle Capital UFO Disclosure ETF $UFOD launched in February, charges 0.99% annually, and holds defense and aerospace names like Palantir, Lockheed Martin, Rocket Lab, and IonQ on the thesis that federal disclosure of "non-human" technology is coming.

But with just $2 million in assets and Polymarket pricing a December alien confirmation at only 15%, the fund is less Area 51 and more a concentrated U.S. military modernization bet…

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