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CRO Soars Over 19% After Truth Social Includes It in Planned Crypto ETF

  • 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.

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