• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Truth Social ETF Inclusion Spurs CRO Price Surge

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Key Points:

  • Truth Social’s ETF inclusion boosts CRO over 15% intraday.
  • Trading volume for CRO soared significantly.
  • Institutional interest elevates CRO’s market profile.

truth-social-etf-inclusion-spurs-cro-price-surge
Truth Social ETF Inclusion Spurs CRO Price Surge

CRO rose over 15% after Truth Social disclosed its inclusion in a new Crypto Blue-Chip ETF on July 9. Trading volumes surged with the news, highlighting increased institutional interest.

Key Developments

Truth Social, spearheaded by Donald Trump, announced the inclusion of Cronos (CRO) in its proposed “Truth Social Crypto Blue Chip ETF.” Trading volumes for CRO rose by 2000%, marking one of its strongest single-day moves recently.

Related articles

Tether, Circle, Others: $182.4B in U.S. Treasuries

July 9, 2025

SharpLink Boosts Ethereum Treasury Amid Stock Surge

July 9, 2025

Despite the surge, there were no substantial comments from Crypto.com CEO Kris Marszalek regarding the event. Trump’s public endorsement spurred significant market activity, though SEC approval remains uncertain.

Market Reactions

CRO’s price rally created a ripple effect, with spot-market speculation dominating. Exchanges observed substantial interest, yet on-chain staking data remained unaffected, suggesting the rise was driven by short-term trading.

Future Prospects

The ETF aims to diversify its portfolio heavily skewed toward Bitcoin, underscoring the modest allocation toward CRO. Historical trends suggest such spikes may not sustain without further institutional engagement post-initial announcement.

Donald Trump’s Comments

“I like CRO, I like Kris,”

referring to Cronos and Crypto.com CEO Kris Marszalek, in the context of supporting the ETF’s diversified crypto basket.

Comparative Analysis

XRP underperformed in comparison, even as part of the ETF basket, reflecting varied market reactions. Future regulatory reviews and technological improvements could further impact CRO’s standing and sustainability.

Share76Tweet47

Related Posts

Tether, Circle, Others: $182.4B in U.S. Treasuries

by shark
July 9, 2025
0

Stablecoin issuers Tether, Circle, hold $182.4B in U.S. Treasuries, reshaping crypto markets.

SharpLink Boosts Ethereum Treasury Amid Stock Surge

by shark
July 9, 2025
0

SharpLink's Ethereum holdings reached 205,634 ETH, leading to an 18.8% stock rise on Nasdaq.

US National Debt Hits New Record High

by shark
July 9, 2025
0

US national debt climbs to $36.2 trillion, impacting markets and fiscal policy.

Eigen Labs Announces 25% Staff Layoff for Restructuring

by shark
July 9, 2025
0

Eigen Labs lays off 25% of its staff as it shifts focus to the new EigenCloud initiative following a successful...

Scammers Target Dormant Bitcoin Wallets with Fake Legal Notices

by shark
July 9, 2025
0

U.S. Secret Service combats crypto scams targeting dormant Bitcoin wallets using fake legal notices.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Tether, Circle, Others: $182.4B in U.S. Treasuries
  • SharpLink Boosts Ethereum Treasury Amid Stock Surge
  • US National Debt Hits New Record High
  • Eigen Labs Announces 25% Staff Layoff for Restructuring
  • Scammers Target Dormant Bitcoin Wallets with Fake Legal Notices
  • Robinhood Expands with Tokenization in Financial Markets
  • Truth Social ETF Inclusion Spurs CRO Price Surge
  • Crypto.com Custody Welcomes Toncoin for Institutional Support
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7