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

Morgan Creek Capital Management's Mark Yusko recently revealed Trump's approach to cryptocurrencies, suggesting that Trump and his son are investing heavily in assets like HBAR and XRP, which could be approved for the ETF next year. He also said that Trump is investing heavily in Bitcoin.

In an interview with Scott Melker, we talk about exempting US-based cryptocurrencies from capital gains tax here. This move could create a major change in how crypto is treated in the US market.

Despite XRP's large market share, Yusko is not a fan. He believes that XRP and Cardano do not have real growth. Unlike Circle's stablecoin, which is backed by real dollars, Yusko sees these coins as lacking real innovation, despite their high market value.

Pro-Crypto Leadership: Decentralization

Yusko spoke directly to voters, touching on Trump's visit to Nashville. He cited Trump's promises, including firing SEC chief Gary Gensler, and how Trump will be pressured to make moves such as firing Ross Ulbricht and creating a bitcoin strategic reserve.

Yusko believes that the current US leadership is overwhelmingly supportive of crypto. Key people like Scott Besant and the new head of the SEC are crypto-friendly, which can lead to positive changes in the industry. It's a shift that will help propel the crypto market forward.

The technologist revolution: Billionaires are taking over.

Yusko says it's not just Trump — the real story is the rise of “tech billionaires.” These innovators are driving change that will benefit both the tech industry and the nation. It is no longer about political parties; It's about technology leaders who want to shape the future.

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