Cronos Surges 20% After Truth Social Includes CRO in Crypto ETF Filing

News Desk

Latest Cryptocurrency Market NewsCronos (CRO), the native token of Crypto.com’s Cronos blockchain, surged over 20% to a monthly high of $0.09886 on July 9, 2025, following its inclusion in Truth Social’s “Crypto Blue Chip ETF” filing with the SEC. 

The proposed ETF, filed by Trump Media & Technology Group (TMTG) on July 8, allocates 5% to CRO alongside 70% Bitcoin, 15% Ethereum, 8% Solana, and 2% XRP, reflecting a strategic partnership with Crypto.com, which serves as the fund’s custodian and liquidity provider. 

The market’s enthusiastic response to CRO contrasts with XRP’s 2% dip to $2.29 and the flat performance of BTC, ETH, and SOL, underscoring CRO’s unique position in TMTG’s crypto narrative.

The ETF, set to trade on NYSE Arca if approved, is part of TMTG’s expanding crypto portfolio, which includes a Bitcoin treasury plan and prior ETF filings for Bitcoin and Bitcoin-Ethereum funds. 

Crypto.com’s $2.7 billion multi-year partnership with TMTG, announced in March 2025, integrates CRO into the ETF’s ecosystem, leveraging the exchange’s custody, staking, and order routing capabilities. 

This deep integration, bypassing traditional custodians like Coinbase, drove CRO’s rally, as investors anticipate increased utility and visibility for the token.

CRO’s price movement, amplified by its low market cap compared to Bitcoin or Ethereum, highlights the market’s sensitivity to ETF-related news. Over 47% of CRO trading occurs against the Korean won, with 25% against the U.S. dollar and 22% against USDT, indicating diverse global interest. 

However, concerns linger about Cronos’s tokenomics, as Crypto.com’s decision to re-issue 70% of its supply, previously claimed to be burned, has raised transparency issues. Despite this, the ETF’s endorsement by TMTG and Donald Trump’s public support have bolstered investor confidence.

The broader context includes a competitive ETF market, with BlackRock’s iShares Bitcoin Trust managing significant assets and the SEC’s recent crypto-friendly guidelines under the Trump administration. 

While these factors could expedite approval, regulatory risks remain, as the SEC has historically scrutinized crypto ETFs for volatility and manipulation concerns. 

TMTG’s “America-First” branding and Truth.Fi fintech expansion aim to attract politically aligned investors, but critics question the ETF’s long-term viability given crypto’s inherent risks.

CRO’s surge underscores the transformative potential of TMTG’s crypto initiatives, but its sustainability depends on regulatory outcomes and market dynamics. As Truth Social redefines its role in digital finance, CRO’s performance will serve as a barometer for the success of its crypto ETF strategy.

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