Cronos Soars 0.427% on Potential ETF Inclusion

Cronos's latest price was $0.09637, down 0.427% in the last 24 hours. The native token of the Crypto.com blockchain, Cronos (CRO), has recently garnered significant attention due to its potential inclusion in a new exchange-traded fund (ETF) backed by Trump Media & Technology Group. The proposed ETF, which is awaiting approval from the U.S. Securities and Exchange Commission, would track a basket of five cryptocurrencies: bitcoin, ether, solana, XRP, and Cronos. If approved, Cronos would make up 5% of the fund’s weighting, marking a notable addition for a token that’s rarely featured in major institutional products.

This development has brought new attention to Cronos, a token that powers Crypto.com’s ecosystem, including its exchange and payments app. The news sent Cronos soaring, outpacing the broader crypto market. While the bump is significant, Cronos remains a shadow of its former self. The token peaked at $0.69 in November 2021 during the last bull market. It saw a short-lived revival in December 2024, rising to $0.21 amid a market rally that followed Donald Trump’s election to a second term. That rally, however, faded fast.

Traders appear to be reacting to the possibility of increased institutional exposure, but the SEC has yet to approve the fund. The ETF development has brought new attention to Cronos, a token that powers Crypto.com’s ecosystem including its exchange and payments app. Still, the token has a long climb to reach its former highs. The proposed ETF, which is awaiting approval from the U.S. Securities and Exchange Commission, would track a basket of five cryptocurrencies: bitcoin, ether, solana, XRP, and Cronos. If approved, Cronos would make up 5% of the fund’s weighting, marking a notable addition for a token that’s rarely featured in major institutional products.

Cronos has garnered significant market attention following its inclusion in a newly proposed cryptocurrency exchange-traded fund. Trump Media & Tech Group recently submitted filings with the Securities and Exchange Commission for its "Truth Social Crypto Blue Chip ETF", designating Cronos to receive a 5% allocation within the fund's portfolio. This positions Cronos alongside major digital assets within the proposed structure.

The ETF proposal outlines an initial allocation framework with Cronos receiving notable representation. According to the filing documentation, the fund intends to maintain approximately 70% in Bitcoin, 15% in Ethereum, 8% in Solana, 5% in Cronos, and 2% in XRP by asset value. Crypto.com has been identified as the designated custodian and liquidity provider for the fund, establishing an institutional relationship with the Cronos ecosystem.

Market observers have noted the significance of Cronos being selected for inclusion given the fund's stated focus on blue-chip digital assets. The selection lends institutional validation to Cronos despite previous criticisms regarding token economics and exchange operations. Crypto.com CEO Kris Marszalek acknowledged the market response through social media engagement, posting fire emoji reactions to metrics showing Cronos dominating social media discussions around the announcement.

Cronos experienced substantial market activity following the disclosure of the ETF allocation. The cryptocurrency saw heightened trading volumes and broke through technical resistance levels as market participants reacted to the development. Industry analysts suggest the ETF inclusion represents a potential catalyst for broader institutional recognition of Cronos within the digital asset landscape.

The proposed Truth Social ETF continues to undergo regulatory review by the SEC. Market participants are monitoring whether other institutions might consider similar allocations to Cronos should this financial product receive approval. The ongoing institutional interest in cryptocurrency exposure has created a market environment where Cronos could potentially benefit from increased visibility and adoption pathways.