Trump's February 2026 executive directive launched the PURSUE transparency initiative, triggering the first major release of UAP files on May 8 and establishing a rolling schedule of declassifications that has already delivered a third tranche of videos, photos, and reports on June 12. Pentagon statements and the war.gov/UFO site, which has logged over 1.7 billion views, confirm additional batches are in active review, aligning with trader consensus that further disclosures will occur well before year-end. Public fascination amplified by concurrent pop-culture moments, including a new Spielberg alien film, sustains momentum, while the absence of blockbuster extraterrestrial revelations keeps the market focused on timing thresholds rather than dramatic single events.