Truth Social Files for Crypto ETF Blue Chip Listing on NYSE Arca
Cronos (CRO) spiked nearly 18% to $0.095 in 24 hours after Trump Media’s proposed crypto ETF revealed a 5% CRO allocation. The rally outpaced the CoinDesk 20 Index and highlighted renewed interest in CRO, whose all-time high of $0.69 remains distant. The SEC is reviewing Truth Social’s filing under Form 19b-4 for a passive crypto ETF. Named the “Truth Social Crypto Blue Chip ETF,” the fund would list on NYSE Arca and offer direct exposure to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cronos (CRO) and Ripple (XRP) with weights of 70%, 15%, 8%, 5% and 2%, respectively. Crypto.com will handle custody, staking and liquidation, while sponsor Yorkville America Digital oversees compliance. The ETF will use daily CME CF reference rates, employ cold storage, and stake ETH, SOL and CRO to generate rewards. If approved, this crypto ETF could broaden institutional access and streamline diversified digital asset investing for retail and institutional traders.
Bullish
Traders reacted positively to the 5% Cronos allocation in the proposed crypto ETF, driving a sharp short-term price gain. The detailed ETF structure—covering top tokens, regulated custody by Crypto.com and compliance oversight—signals potential for increased institutional inflows. In the long term, SEC approval could set a precedent for broader digital asset ETF offerings, supporting sustained demand across BTC, ETH, SOL, CRO and XRP. Historical patterns show that token inclusion in major ETFs often boosts liquidity and price stability, reinforcing a bullish outlook.