tl;dr
Crypto.com is planning to launch a Cronos (CRO) spot exchange-traded fund (ETF) in 2025. The company aims to expand its platform's offerings, with the ETF submission scheduled for the fourth quarter of 2025. This move comes amidst increasing institutional interest in crypto investment products, incl...
Crypto.com is gearing up to launch a Cronos (CRO) spot exchange-traded fund (ETF) in 2025, expanding its platform offerings in the first quarter. Despite regulatory achievements and a broader expansion strategy, the price of CRO has seen a sustained downtrend, declining by 35.7% over the past month.
The ETF submission is scheduled for the fourth quarter of 2025, with specific details about the proposed ETF yet to be disclosed. This move comes as institutional interest in crypto investment products, including meme coin ETFs, has surged, with new filings and expanded services by Crypto.com.
Amidst increasing institutional interest, Crypto.com also plans to introduce new services such as stock trading, stock options, and ETFs starting in the first quarter. Additionally, the company is set to roll out new banking features and a stablecoin by the third quarter. Despite these developments, the price of CRO has been on a sustained downtrend, with the token declining by 35.7% over the past month.
Institutional interest in crypto investment products, including meme coin ETFs, has surged, with new filings and expanded services by Crypto.com. The push for a Cronos ETF comes as institutional interest in crypto investment products soars. Additionally, with a more favorable regulatory environment, filings for altcoin ETFs have increased significantly. Notably, issuers have also submitted proposals for meme coin ETFs. Meanwhile, in the lead-up to the filing, Crypto.com plans to introduce a range of new services, including stock trading, stock options, and ETFs, beginning in the first quarter. The company is set to roll out new banking features, such as personal multicurrency accounts and cash savings accounts, further expanding its financial services ecosystem. Crypto.com has already implemented five of the six planned products from its Q1 roadmap, including the early launch of institutional custody services. This aligned with Crypto.com’s broader expansion strategy.
Despite these developments, the price of CRO has been in a sustained downtrend since early December, with the token declining by 35.7% over the past month. At press time, CRO was trading at $0.10, marking a 3.6% drop in the past 24 hours.