Trump Media Launches Five ‘America-First’ ETFs. DJT Stock Falls.
Dec 30, 2025 10:14:00 -0500 by Mackenzie Tatananni | #MediaPresident Donald Trump is the majority owner of Trump Media & Technology Group through the Donald J. Trump Revocable Trust. (Chip Somodevilla/Getty Images)
Key Points
- Trump Media & Technology Group launches five new ‘America First’ exchange-traded funds on the New York Stock Exchange.
- The new ETFs, part of Trump Media’s Truth.Fi fintech brand, include funds focused on defense, energy, and real estate investment trusts.
- Trump Media stock declines following the announcement of the new funds.
Five “America First”-branded funds debuted Tuesday on the New York Stock Exchange, courtesy of Trump Media & Technology Group , the company majority-owned by President Donald Trump.
The exchange-traded funds, part of Trump Media’s Truth.Fi fintech brand, were launched in conjunction with Yorkville America Equities, which was described in a press release as a sponsor and investment advisor for the ETFs.
The basket of funds includes ETFs focused on hot sectors such as defense and energy, along with one dubbed the “Truth Social American Red State REITs ETF,” presumably concentrated on real estate investment trusts in states that generally vote for the Republican Party.
While Trump Media is best known as the parent of Truth Social, the platform created in response to the president’s bans from mainstream social media apps, it steadily has broadened its focus since going public in 2024. The launch of the ETFs comes just days after Trump Media agreed to a $6 billion merger with TAE Technologies, a nuclear fusion company headquartered in California.
The press release Tuesday indicated there is more to come on the ETF front as well. Yorkville America Equities and Trump Media said they plan to launch more ETFs in the coming year. This includes equity-based funds and digital asset-based funds through Foris Capital, the broker dealer for online exchange Crypto.com.
Trump Media stock, which trades under the ticker DJT—Trump’s initials—fell 1.9% lower following the announcement. The benchmark S&P 500 and tech-heavy Nasdaq Composite traded flat to slightly lower.
Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com