Trump Media, the media company affiliated with U.S. President Donald Trump’s family, has announced a non-binding agreement with Crypto.com to launch exchange-traded funds (ETFs) through its FinTech brand Truth.Fi.
The planned ETFs will include a unique basket of cryptocurrencies featuring Bitcoin, Cronos, and other crypto assets.
Following the news, CRO reacted positively, soaring by 28.66% in just 24 hours. Trading volume also spiked, reaching 5 times the 10-day average.
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