Trump Media ETF Proposal Sparks 18% Rally in Cronos as Token Appears Among Assets

Cronos Spikes 18% After Trump-Linked ETF Proposal Names It Among Core Holdings

Cronos (CRO), the native token of the Crypto.com ecosystem, surged 18% on Wednesday after being named as one of the assets in a proposed cryptocurrency ETF tied to Trump Media & Technology Group.

The proposed exchange-traded fund, which is awaiting approval from the U.S. Securities and Exchange Commission (SEC), would include a portfolio of five major cryptocurrencies: bitcoin (BTC), ether (ETH), solana (SOL), XRP, and cronos (CRO). While CRO would carry the smallest weighting at just 5%, the news marked a rare moment of institutional attention for the token, triggering a sharp price reaction.

Following the announcement, CRO jumped from approximately $0.08 to $0.095 in less than 24 hours—its highest level in recent weeks. In contrast, the broader market, as reflected by the CoinDesk 20 Index, saw a more modest rise of 2.8% over the same period.

Though CRO is still trading well below its all-time high of $0.69 from November 2021, the ETF proposal has reignited trader interest. The token had previously seen a short-lived surge to $0.21 in December 2024, spurred by Donald Trump’s election victory, before pulling back in early 2025.

CRO serves as the foundational token of Crypto.com’s ecosystem, facilitating transactions, payments, and rewards across its platform. While the ETF listing remains speculative pending SEC approval, the market has already begun to price in the potential boost in exposure and legitimacy this could bring to the token.