Truth Social has filed for a cryptocurrency ETF that includes several major digital assets, including CRO. The announcement has already impacted the market.
Composition of the Crypto ETF
The ETF titled “Truth Social Crypto Blue Chip ETF” will feature a weighted basket of major digital assets: 70% Bitcoin, 15% Ethereum, 8% Solana, 5% CRO, and 2% XRP. The fund is currently awaiting SEC approval and a 19b-4 filing.
Market Reaction to the Announcement
CRO’s inclusion helped push the token to a one-week high of $0.0972, breaking out from months of sluggish price action. While BTC, ETH, and SOL showed little reaction, CRO became the center of attention, partly due to its less liquid market structure and heavy trading volume on Korean exchanges.
Impact of Partnership with Crypto.com
Crypto.com has been named as the custodian and execution partner for the ETF, marking a break from the industry norm that typically relies on Coinbase for cold storage. Crypto.com will also handle staking, liquidity provision, and trading execution.
Truth Social's partnership with Cronos and the inclusion of CRO in the planned ETF reflects growing investor interest in assets connected to political and institutional narratives.
