Cronos Rallies 18% on News of Inclusion in Proposed Trump Media Crypto ETF
Cronos (CRO), the native token of Crypto.com, leapt 18% on Wednesday after being listed as a potential holding in a new cryptocurrency exchange-traded fund (ETF) proposed by Trump Media & Technology Group.
The ETF, which is still waiting for regulatory clearance from the U.S. Securities and Exchange Commission (SEC), aims to track a mix of five digital assets: bitcoin (BTC), ether (ETH), solana (SOL), XRP, and cronos (CRO). Although CRO would hold just a 5% allocation—the smallest slice of the fund—the mention alone marked a significant spotlight for the token, which has rarely been featured in major institutional products.
The announcement sparked a swift rally, pushing CRO’s price from roughly $0.08 to about $0.095 within a day. In comparison, the broader crypto market, measured by the CoinDesk 20 Index, advanced only 2.8% in the same timeframe.
Despite this surge, CRO remains well below its all-time high of $0.69, reached in November 2021 at the height of the last crypto bull run. The token did see a brief jump to $0.21 in December 2024 following Donald Trump’s presidential election win, but those gains quickly faded.
CRO underpins the Crypto.com platform, powering its exchange services and payment solutions. While the potential ETF inclusion has renewed excitement around the token, it’s important to note that the fund still needs the SEC’s green light before it can launch—and CRO has considerable ground to recover if it hopes to revisit its former highs.
