Cronos (CRO) surged over 19% on Tuesday, emerging as the day’s top-performing token following news that it will be included in a new crypto ETF proposed by Truth Social, the media company led by U.S. President Donald Trump.
The ETF, titled the “Truth Social Crypto Blue Chip ETF,” will feature a weighted basket of major digital assets—70% Bitcoin, 15% Ethereum, 8% Solana, 5% CRO, and 2% XRP. The fund, still awaiting SEC approval and a 19b-4 filing, is expected to list on NYSE Arca and will be sponsored by Yorkville America Digital.
CRO’s inclusion helped push the token to a one-week high of $0.0972, breaking out from months of sluggish price action. While BTC, ETH, and SOL showed little reaction, CRO became the center of attention, partly due to its less liquid market structure and heavy trading volume on Korean exchanges.
Adding to the excitement, Crypto.com—CRO’s native platform—has been named as the custodian and execution partner for the ETF. This marks a break from the industry norm, which typically relies on Coinbase for cold storage. Crypto.com will also handle staking, liquidity provision, and trading execution.
Truth Social’s partnership with Cronos, first announced in March, is now taking clearer shape. The move raised eyebrows among some market watchers, especially given Cronos’ controversial decision to reissue a large portion of its token supply earlier this year.
Despite skepticism from some quarters, the CRO rally underscores growing investor interest in assets tied to political and institutional narratives—especially when they involve direct exposure to ETFs.
Source: https://coindoo.com/cro-soars-over-19-after-truth-social-includes-it-in-planned-crypto-etf/