Cronos (CRO) Price Explodes After Truth Social Files Crypto Blue-Chip ETF—Can it Secure $0.1 Today?
2025-07-08 18:03:29
Main Idea
The filing of the Truth Social Crypto Blue-Chip ETF, which includes Cronos (CRO), has driven a significant price surge for CRO and highlights growing institutional interest in the cryptocurrency.
Key Points
1. The Truth Social Crypto Blue-Chip ETF, filed on July 8, 2025, includes Bitcoin, Ethereum, Solana, XRP, and Cronos (CRO), marking CRO's first inclusion in such a fund.
2. CRO's price surged over 20% intraday following the ETF announcement, rising from $0.08 to $0.0994, with potential for further gains if it surpasses key technical levels.
3. The ETF is structured as a Nevada business trust and will be listed on NYSE Arca, pending SEC approval, with Crypto.com’s affiliate, Foris DAX Trust, serving as custodian.
4. CRO's inclusion in the ETF represents a milestone for its legitimacy and institutional adoption, positioning it as a gateway to the broader Crypto.com ecosystem.
5. Technical analysis suggests that CRO's price could continue its upward momentum if it breaks above the 200-day MA at $0.1017, targeting the 0.236 FIB level at $0.1092.
Description
The post Cronos (CRO) Price Explodes After Truth Social Files Crypto Blue-Chip ETF—Can it Secure $0.1 Today? appeared first on Coinpedia Fintech News The recent filing of the Truth Social Crypto Blue-Chip ETF has sparked renewed interest in Cronos (CRO), driving a noticeable surge in price. The move comes amid a broader wave of institutional activity in the digital asset space. Technically, the CRO price has shown renewed strength, posting a solid rebound from a multi-week low. On the fundamenta...
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