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Cryptocurrency News Articles
Crypto.com Makes Launching a Cronos (CRO) Exchange-Traded Fund (ETF) a Top Priority for 2025
Feb 05, 2025 at 07:05 am
The exchange has also made expanding its offerings by listing stocks, stock options, and ETFs on its platform a priority for 2023.
Crypto exchange giant Crypto.com is planning to launch an exchange-traded fund (ETF) for its native token Cronos (CRO) in the fourth quarter of 2025, according to the firm’s recently unveiled roadmap.
The ETF filing is among a slew of new products and initiatives in the pipeline for the exchange, which will also see it integrate stocks, stock options, and ETFs into its platform starting Q1.
Other upcoming launches include personal multi-currency accounts, cash savings accounts, and a new Crypto.com stablecoin.
The news comes as the U.S. Commodity Futures Trading Commission is reportedly considering an inquiry into the legality of futures contracts offered by Crypto.com.
These contracts allow users to place bets on football games — including the upcoming Super Bowl — which has piqued the interest of the regulator.
As part of its expansion strategy, Crypto.com also acquired Watchdog Capital in October. The broker-dealer is registered with the U.S. Securities and Exchange Commission.
Having already launched five of the six planned products from its Q1 roadmap and introducing institutional custody services ahead of schedule, the exchange is now preparing for further product launches throughout the year.
Headquartered in Singapore, Crypto.com operates globally and recently secured a full European Union license under the Markets in Crypto-Assets Regulation (MICA) framework.
Ranked as the 13th-largest crypto exchange by total volume on CoinMarketCap, Crypto.com rose to prominence during the 2020–2021 bull market as a mobile-first platform. It has since expanded its regulatory footprint.
The push for a Cronos ETF comes amid rising institutional demand for crypto-based investment products. 2024 saw the launch of spot Bitcoin ETFs in the U.S., which fueled a surge in institutional adoption.
These funds pulled in over $35 billion and ended the year with more than $100 billion in net assets.
A more favorable regulatory climate under President Donald Trump’s administration, coupled with leadership changes at the Securities and Exchange Commission, is expected to accelerate approvals for additional crypto ETFs.
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- Feb 05, 2025 at 12:46 pm
- Crypto analyst TradingShot has identified a pattern on DOGE’s chart that shows why a bounce above $0.3 is expected for the Dogecoin price. This provides some optimism regarding the foremost meme coin, which was one of the most affected by the recent downtrend in the crypto market.
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- Bitcoin (BTC), Ethereum (ETH) Decline Sharply Following Announcement Of New Regulatory Oversight Committee
- Feb 05, 2025 at 12:46 pm
- Major cryptocurrencies declined sharply on Tuesday following the announcement of a new regulatory oversight committee, with total market liquidations reaching nearly $485 million in the past 24 hours.