21Shares and TMTG Join Race for Cronos ETFs Amid US Regulatory Shift

The race for a Cronos (CRO) spot exchange-traded fund (ETF) is intensifying as 21Shares filed an amendment to its S-1 form with US regulators. Currently, four major issuers are competing to bring CRO to the institutional market, including Canary Capital and two funds linked to Trump Media & Technology Group (TMTG). This surge in filings follows a broader shift in U.S. regulatory policy under SEC Chair Paul Atkins, signaling a more permissive environment for digital assets. Market participants are closely watching March 27, which is viewed as a pivotal deadline for the SEC to potentially redefine the digital asset landscape. The move beyond Bitcoin and Ethereum ETFs suggests growing institutional confidence in altcoins being classified as commodities. The inclusion of TMTG-branded funds adds a unique political and media dimension to the institutional adoption of the Cronos ecosystem.

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