Crypto.coms cronos (Cro) increases by 18 %after the Trump Media ETF performs the token under the holdings

Cronos

the native token of the crypto.com blockchain, on Wednesday after news that he was in a new stock market-traded fund (ETF) Could be accepted, which is supported by the Trump Media & Technology Group, by almost 18 % to $ 0.095.

The proposed ETF, which is still waiting for the approval by the US Stock Exchange Supervisory Authority Securities and Exchange Commission, would map a basket of five cryptocurrencies: Bitcoin

Ether, Solana, XRP and Cronos. If it is approved, CRO 5 % of the fund's weight would make up – its smallest component, but still a remarkable addition to a token that is rarely represented in large institutional products.

This message let the CRO rise sharply on Tuesday morning of about $ 0.08 and thus exceeded the wider cryptom market. The Coindesk 20 Index, which pursues the most important digital assets, only rose by 2.8 %in the same period.

While the increase is considerable, Cro remains a shadow of his former self. The token reached its peak in November 2021 during the last bull market at $ 0.69. In December 2024 he experienced a short-lived revival and rose to $ 0.21 in the course of a market rally that followed Donald Trump. However, this rally faded quickly.

The development of the ETF has drawn new attention to Cro, a token that drives the Crypto.com ecosystem including its stock exchange and payment app. Nevertheless, the token is still facing a long way to reach its previous highs. Dealers seem to react to the possibility of increased institutional participation, but the SEC has not yet approved the fund.

Disclaimer: Parts of this article were created with the support of AI tools and checked by our editorial team to ensure accuracy and compliance with our standards. For more information, see the Coindesk CHF ACI guideline.