July 10, 2025
11 11 11 AM
Latest Post
Ether, AI Coins Steal Bitcoin’s Spotlight: Crypto Daybook Americas Europe’s Financial Watchdog Probes Malta Over Fast-Track MiCA Authorizations Bitcoin’s Q2 Boom Being Fueled by Corporates: Bitwise Rumble Taps MoonPay for Crypto Wallet Ahead of Q3 Launch Alibaba Founder-Backed Ant Group to Integrate Circle’s USDC on Its Blockchain This One Metric Suggests Bitcoin Has Plenty of Room Left to Run Bitcoin treasury companies acquire record 159,107 BTC in Q2 Australia’s Central Bank to Explore Developing Wholesale Tokenized Asset Markets This Chart Points to a 30% Bitcoin Price Boom Ahead: Technical Analysis BlackRock’s Spot Ether ETF Registers Record Trading Volume of 43M Amid Net Inflows of $158M

Cronos Jumps 18% After Trump Media ETF Proposal Lists Token Among Holdings

Cronos (CRO), the native token of the Crypto.com blockchain, surged nearly 18% to $0.095 Wednesday following news that it could be included 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 (BTC), ether (ETH), solana (SOL), XRP (XRP) and cronos (CRO). If approved, CRO would make up 5% of the fund’s weighting—its smallest component, but still a notable addition for a token that’s rarely featured in major institutional products.

That news sent CRO soaring from about $0.08 Tuesday morning, outpacing the broader crypto market. The CoinDesk 20 Index, which tracks the top digital assets, rose just 2.8% over the same period.

While the bump is significant, CRO 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.

The ETF development has brought new attention to CRO, 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. Traders appear to be reacting to the possibility of increased institutional exposure, but the SEC has yet to approve the fund.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

This post was originally published on this site

Please enter Coingecko Free Api Key to get this plugin works