Cronos Gains Spotlight in Trump’s Truth Social Crypto Blue Chip ETF
In a significant development for the cryptocurrency market, Truth Social, the social media platform backed by Donald Trump, has filed with the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) named the “Truth Social Crypto Blue Chip ETF.” This ETF aims to track major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and notably, Cronos (CRO). The move, announced on July 8, 2025, marks a pivotal moment for Cronos, as it joins the ranks of these leading digital assets in a high-profile financial product.
The ETF, which will be listed on NYSE Arca, is designed to provide investors with exposure to a basket of top-performing cryptocurrencies. The inclusion of Cronos in this ETF highlights its growing importance and recognition in the crypto space. As of July 6, 2025, Cronos closed at a price of $0.08082, with a 52-week range between $0.0685919 and $0.229569. Despite recent fluctuations, Cronos maintains a substantial market capitalization of approximately $2.49 billion, underscoring its significant presence in the market.
The filing of the S-1 form with the SEC is a crucial step in the ETF’s journey, as it outlines the fund’s structure and investment strategy. This move by Truth Social could potentially increase the visibility and liquidity of Cronos, attracting more institutional and retail investors to the cryptocurrency. The ETF’s focus on blue-chip cryptocurrencies suggests a strategy aimed at providing stability and growth potential, appealing to a broad spectrum of investors.
Crypto.com Custody Expands Institutional Support to TON Blockchain
In parallel to the developments surrounding Cronos, the broader cryptocurrency ecosystem is witnessing significant advancements. Crypto.com Custody has expanded its institutional-grade services to the TON blockchain, enhancing secure access and asset management for institutional users. This partnership with the TON Foundation allows for institutional-grade staking and asset management, providing a seamless integration into the TON ecosystem.
The collaboration enables institutional users to stake TON tokens directly from their secure storage, offering potential returns without compromising security. Additionally, the service facilitates access to Jettons on the TON network, including support for stablecoins like USDT and future stablecoin launches. This development is poised to simplify institutional entry into the TON ecosystem, aligning with Crypto.com’s mission to offer a secure and flexible platform for large-scale investors.
Eric Anziani, President and COO of Crypto.com, emphasized the company’s commitment to continuous investment in enhancing its services for institutional clients. By strengthening its position as a secure and adaptable platform, Crypto.com aims to cater to the evolving needs of the cryptocurrency market.
As the cryptocurrency landscape continues to evolve, these developments underscore the growing integration of digital assets into mainstream financial products and services. The inclusion of Cronos in the Truth Social Crypto Blue Chip ETF and the expansion of Crypto.com Custody’s services to the TON blockchain reflect the dynamic nature of the industry, offering new opportunities for investors and institutions alike.