CRO’s Price Surge: Is ETF Hype Fueling the Fire?

Cronos (CRO) saw approximately a 20% price increase over the last 24 hours or so, and the likely culprit is the ETF hype. To be more precise, it was reported that Trump Media’s Truth Social is planning a ‘’ ETF that includes CRO alongside BTC, ETH, SOL, and XRP.

The social media platform has already submitted an S-1 registration statement to the US Securities and Exchange Commission (SEC).

According to the preliminary prospectus, the initial value-based allocation of the ‘Crypto Blue Chip’ will be around 70% BTC, 15% ETH, 8% SOL, 5% CRO, and 2% XRP.

This isn’t the only time CRO has had the spotlight when it comes to ETFs. In late May, Canary Capital submitted an S‑1 to the SEC for a spot CRO ETF, which is a US-backed fund aimed at tracking the Cronos token directly. Crypto.com will act as the custodian and liquidity provider, legitimizing CRO among institutional investors.

Speaking of Crypto.com, its ecosystem is closely associated with the Cronos blockchain and vice versa.

Then, back in March, Trump Media and Crypto.com announced plans to launch a suite of ‘Made in America’ ETFs, including one for CRO. Similarly to the current price rally, that announcement led to a 30% to 40% surge in CRO’s price in late March.

With the above announcements, CRO joined a growing list of altcoins (such as SOL, DOGE, XRP, and so on) that are being proposed by fund managers for spot ETF listings, leveraging momentum from successful Bitcoin and Ethereum ETFs.

Crypto.com’s leadership, including the President and COO Eric Anziani, emphasized the ETF path as a way to bring regulated exposure to CRO for mainstream investors.

It’s worth noting that Cronos Chain gained recognition among the top 10 fastest blockchains, with sub-second block times and drastically reduced gas fees. Faster blocktimes and lower fees boost Cronos Chain’s usability, which helps attract DeFi, GameFi, and AI-based applications.

All of this helps keep CRO on track and relevant, as the ETF filings boost that sentiment.

While the current price surge is largely driven by Trump Media’s ETF announcement, with major platforms enabling retail access to CRO exposure, today’s rally might extend in the future as well.