Cronos ETF Incoming? Crypto.com Sets 2025 Target
Crypto exchange Crypto.com is preparing to launch CRONOS (CRO) Spot Exchange Trading Fund (ETF) in 2025.
The company has already begun expanding its platform’s products in the first quarter of this year.
Cronos Spot ETF in 2025?
Posted by crypto.com Roadmapthis ETF Submission Plan In the fourth quarter of 2025. However, specific details about the proposed ETF have not been disclosed.
Promote the promotion of cronos etf Institutional interest in crypto investment products soarsEssence With the success of Bitcoin ETFs, a wave of new documents emerged, and institutions are eager to capitalize on the growth momentum.
“So far, everything is good: the spot bitcoin ETF made $4.94 billion in January, with an age of about $59 billion. In the context: throughout 2024, they brought $35.2 billion,” he said. Cio Matt Hougan by Bitwise Publish On X (previously Twitter).
Additionally, the documents on the Altcoin ETF have been greatly increased as President Donald Trump’s administration and Gary Gensler’s withdrawal from the SEC are more favorable.
It is worth noting that the issuer has also submitted Meme Coin ETF SuggestionsEssence These Documents including Rex stockTuttle Capital and Bitwise.
Meanwhile, in the instructions to submit the submission, Crypto.com plans to introduce a range of new servicesincluding stock trading, stock options and ETFs, starting from the first quarter.
In addition, the company will launch new banking features such as personal multi-currency accounts and cash savings accounts to further expand its financial services ecosystem. The exchange plans to release new Stablecoin By the third quarter.
Crypto.com has implemented five of six planned products from its first quarter roadmap, including early launch of institutional custody services. In fact, on January 27, Crypto.com’s Malta subsidiary obtained the Crypto Asset Management Regulation (MICA) licensed market from the Malta Financial Services Authority (MFSA).
This makes Crypto.com the first major global crypto service provider to obtain a full mica license, according to the announcement. This follows the company’s earlier approval of the mica license.
“Entering a mica license has been our top priority in recent years and has obtained this approval to further strengthen our commitment to becoming the most compliant and regulated crypto platform in the world,” said Dr. explain Eric Anziani, president of Crypto.com.
This regulatory achievement is consistent with Crypto.com’s broader scaling strategy. Despite these developments, CRO has been on a continuous downward trend Since early December.
Tokens have dropped 35.7% over the past month, removing a large portion of their previous earnings.
At press time, CRO trading at $0.10It has dropped by 3.6% in the past 24 hours. The continued downward momentum shows that the market continues to sell pressure.
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