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- Sahana Vibhute
Sahana Vibhute
- Jul 08, 2025 17:43 UTC
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Cronos (CRO) Price Explodes After Truth Social Files Crypto Blue-Chip ETF—Can it Secure $0.1 Today?
CRO’s selection in Truth Social’s ETF moves it closer to mainstream financial acceptance, increasing credibility among traditional investors
The price surged over 18%, highlighting a sharp positive reaction from the market, validating the importance of the ETF announcement
With Crypto.com’s infrastructure backing, CRO’s enhanced visibility could lead to stronger DeFi activity and broder blockchain adoption
The recent filing of the Truth Social Crypto Blue-Chip ETF has sparked renewed interest in Cronos (CRO), driving a noticeable surge in price. The move comes amid a broader wave of institutional activity in the digital asset space. Technically, the CRO price has shown renewed strength, posting a solid rebound from a multi-week low. On the fundamental side, inclusion in a high-profile ETF marks a potential turning point for Cronos, elevating its visibility and long-term investment appeal.
Truth Social’s Crypto ETF: What it Means
On July 8, 2025, Trump Media & Technology Group, which operates Truth Social, filed for a new “Crypto Blue-Chip ETF.” The proposed ETF includes five cryptocurrencies: Bitcoin, Ethereum, Solana, XRP, and notably, Cronos (CRO)—marking the first time CRO has been considered in a mainstream investment vehicle of this kind.
The fund, managed by Yorkville America Digital, is structured as a Nevada business trust and will be listed on NYSE Arca, pending SEC approval. Crypto.com’s affiliate, Foris DAX Trust, will serve as custodian, further deepening institutional support for CRO.
Why CRO’s Inclusion is a Big Deal
Cronos is no stranger to crypto-native ecosystems, but its inclusion in a potential Wall Street-listed ETF represents a significant leap toward legitimacy. This marks a key milestone for CRO, potentially bringing it into the portfolios of traditional investors who were previously limited to Bitcoin and Ethereum exposure.
Moreover, this strategic move by Truth Social and its partners underscores growing confidence in mid-cap Layer-1 networks, with Cronos positioned as a gateway to the broader Crypto.com ecosystem. This could lead to enhanced capital inflows, staking interest, and utility growth across the Cronos chain.
CRO Price Surges Over 22% After the Announcement
The price of CRO spiked more than 20% intraday after the ETF filing was made public, jumping from $0.08 to as high as $0.0994. This marks one of the strongest single-day performances in recent times. The sharp rally reflects investors’ optimism around institutional adoption and future liquidity support, especially as the ETF progresses through the SEC review process.
The CRO price has remained stuck within the 0 FIB & 0.236 FIB after facing the breakdown in the first few days of the year. The current rise has elevated the levels close to the upper range after piercing above the 50-day MA. With this, the 50-day MA is acting as a local support, and a rise above the 200-day MA at $0.1017 may offer a strong base to reach the 0.236 FIB at $0.1092. Once the price rises above these levels, the Cronos price is expected to rise above the bearish influence and eventually begin a fresh bullish wave.
Although some profit-taking is pretty much likely in the short term, the broader narrative seems to have shifted as CRO is considered alongside the major cryptos. This change in the sentiment could help sustain the Cronos (CRO) price and the momentum in the medium term.
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