Trump Media ETF Listing Cronos in Portfolio Sends Token Soaring 18%

Cronos Soars 18% on Prospects of Trump Media Crypto ETF Inclusion

Cronos (CRO), the native token of the Crypto.com ecosystem, surged by 18% on Wednesday following news that it could be part of a new cryptocurrency exchange-traded fund (ETF) proposed by Trump Media & Technology Group.

The proposed ETF, which is still under review by the U.S. Securities and Exchange Commission (SEC), aims to track a basket of five cryptocurrencies: bitcoin (BTC), ether (ETH), solana (SOL), XRP, and cronos (CRO). Although CRO would hold just a 5% weighting—the smallest portion of the fund—its inclusion represents a significant milestone for a token that has rarely appeared in institutional investment products.

Following the announcement, CRO jumped from about $0.08 to approximately $0.095, outperforming the broader crypto market. Over the same period, the CoinDesk 20 Index, which tracks major digital assets, rose a more modest 2.8%.

Despite this recent rally, CRO remains well below its all-time high of $0.69 set in November 2021 during the previous crypto bull run. The token experienced a brief resurgence in December 2024, reaching $0.21 after Donald Trump secured a second presidential term, but those gains quickly faded.

CRO is central to the Crypto.com platform, powering transactions and serving as the backbone for its exchange and payment services. While the potential inclusion in the ETF has reignited investor interest, the fund still awaits SEC approval, and CRO faces a long path back to its historical highs.