Truth Social plans to launch a crypto ETF featuring major digital assets like Bitcoin, Ethereum, Solana, CRO, and XRP, pending SEC approval and 19b-4 filing.
CRO's inclusion in the ETF led to a 19% spike in its price, reaching a one-week high of $0.0972, while BTC, ETH, and SOL showed little reaction.
Crypto.com will serve as the custodian for the ETF, a departure from the industry norm that often relies on Coinbase for cold storage and trading execution.
The CRO rally following the ETF announcement highlights increased investor interest in assets linked to political and institutional narratives.