Bitcoin ETFs have been all the rage since their introduction last January.
Following the footsteps of this success, last week, Crypto.com announced the launch of Canary CRO Trust, in partnership with asset manager Canary Capital to enable secure exposure to CRO.
This week, Canary had taken the first step to make this vision a reality by filing form S-1 registration statement with the United States Securities and Exchange Commission to launch the Canary Staked CRO ETF
What We Know: CRO ETFs
The launch of CRO ETFs this year was part of Crypto.com’s roadmap, and the broader strategy to expand its platform offerings in 2025.
Canary Capital, known for already pursuing several staking-enabled crypto ETFs in the US such as TRX ETFs and SEI ETFs was chosen to execute the investment project.
To enable its functioning, the Canary CRO Trust will hold CRO, mirroring its market value, in a regulated fund wrapper. Earlier this month, Canary Capital registered the trust entity on Delaware, signaling that a formal submission to the SEC is imminent
According to the filing two days ago, CRO held by the Trust will be custodied by Foris DAX Trust Company, doing business as Crypto.com Custody Trust Company, while all staking activities will be performed through validated infrastructure provider.
Further, any staked CRO will be subject to a 28-day mandatory unbonding period during which it cannot be transferred or withdrawn.
Bitcoin ETF Outflows, Ether ETF Inflows:
Spot Bitcoin ETFs are retreating as symbolised by Blackrock’s IBIT recording its biggest outflow day since the launch of the product last year. Yesterday was the second continuous day of BTC ETFs outflows, marking the shedding of $616 million in capital.
Experts however point out that Bitcoin outflows are not retail panic, but a quiet transfer of supply to the strongest hands.
While Bitcoin ETFs undergo a correction, Ether ETFs continue its winning streak – marking its tenth continuous day of inflows. Blackrock’s ETHA led the pack of altcoin ETFs with $70.24 million influx.
Why this Matters:
ETFs make crypto assets more accessible to mainstream investors by offering regulated, easy-to-trade exposure without the complexity of wallets or DeFi platforms. A staked CRO ETF adds another layer: combining exposure with passive yield, making it a compelling investment product.
For the Cronos ecosystem, this means greater visibility, increased token demand, and deeper integration with traditional finance. As altcoin ETFs gain momentum, CRO’s entry into the space positions Cronos to benefit from the next wave of institutional and retail inflows.
