CRO Cryptocurrency Surges 20% in a Day after Inclusion in ETF Supported by Trump Media, Aims for $0.105 Value
In a significant development for the cryptocurrency market, Cronos (CRO) experienced a 20% increase on Tuesday, reaching an intraday high of $0.10, as it was announced that the digital asset would be included in the proposed Truth Social Crypto Blue Chip ETF.
The Truth Social Crypto Blue Chip ETF, currently in the regulatory filing stage, aims to track a basket of leading cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cronos (CRO), and Ripple (XRP). The ETF, which is sponsored by Yorkville America Digital, is planned to be listed on the NYSE Arca exchange, pending further regulatory approval [1][3].
Key details of the proposed ETF include a 70% allocation to Bitcoin, 15% to Ethereum, 8% to Solana, 5% to Cronos, and 2% to Ripple. The ETF is structured as a Nevada business trust, with custody of the underlying crypto assets to be handled by Crypto.com’s custody arm, Foris DAX Trust Company [3].
The news caused a sharp breakout for CRO, sending its price from its July 8 open at $0.081 to the intraday high. The price approached the 200-day Simple Moving Average (SMA), now acting as its dynamic resistance. Holding this level would be bullish for CRO [4].
However, the community has expressed concerns about centralization due to the move. The Canary Staked CRO ETF, which also includes CRO, was filed with the SEC on May 30 and is currently under review [2]. The approval of this ETF could provide further momentum for CRO price.
Cronos faced a major blow in March when it voted to reissue 70 billion previously burned CRO tokens [6]. This move was met with negative reactions from the community.
Grayscale Investments, meanwhile, rebalanced its Q2 2025 multi-asset funds, adding ONDO and swapping DOT for HBAR [5].
The price briefly tested a previous swing-high resistance, but if approved, the ETF could potentially push CRO price back toward the $0.101 (200-day SMA) and $0.105 resistance zone [4]. CRO is currently trading around $0.092 [4].
The proposed Truth Social Crypto Blue Chip ETF is part of Trump Media & Technology Group’s broader effort to bring crypto investment exposure to traditional equity markets, alongside other similar ETF filings targeting Bitcoin and Ethereum [2][3].
References: [1] Coindesk. (2025, July 8). Trump-Backed Crypto ETF Proposal Filed with SEC. Retrieved from https://www.coindesk.com/business/2025/07/08/trump-backed-crypto-etf-proposal-filed-with-sec/ [2] Cointelegraph. (2025, July 8). Trump Media Group files for crypto ETF with SEC. Retrieved from https://cointelegraph.com/news/trump-media-group-files-for-crypto-etf-with-sec [3] Bloomberg. (2025, July 8). Trump Media Group Files for Crypto ETF. Retrieved from https://www.bloomberg.com/news/articles/2025-07-08/trump-media-group-files-for-crypto-etf [4] TradingView. (2025, July 12). Cronos [CRO-USD]. Retrieved from https://www.tradingview.com/symbols/CRONUSD/ [5] Grayscale. (2025, July 1). Grayscale Q2 2025 Rebalances. Retrieved from https://www.grayscale.com/rebalances/ [6] CoinDesk. (2025, March 15). Cronos (CRO) Vote Approves 70 Billion Token Reissue. Retrieved from https://www.coindesk.com/business/2025/03/15/cronos-cro-vote-approves-70-billion-token-reissue/
- The Truth Social Crypto Blue Chip ETF, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cronos (CRO), and Ripple (XRP), is planned to be listed on the NYSE Arca exchange, pending further regulatory approval.
- The community has expressed concerns about centralization due to the inclusion of Cronos (CRO) in the proposed ETF, as a similar filing, the Canary Staked CRO ETF, is currently under review.
- Investing in cryptocurrencies such as Bitcoin, Ethereum, Solana, Cronos, and Ripple can be part of a broader effort to bring crypto investment exposure to traditional equity markets, as seen in the proposed Truth Social Crypto Blue Chip ETF.
- Grayscale Investments, another significant player in the crypto finance world, rebalanced its Q2 2025 multi-asset funds, adding ONDO and swapping DOT for HBAR, showcasing ongoing investments in the crypto market.
- Despite facing a major blow in March when it voted to reissue 70 billion previously burned CRO tokens, the price of Cronos (CRO) experienced a significant increase on Tuesday, reaching an intraday high of $0.10, following the announcement of its inclusion in the proposed Truth Social Crypto Blue Chip ETF.
