Cryptocurrency platform Crypto.com has taken a significant step towards gaining a foothold in the U.S. financial market by filing for a National Trust Bank Charter. The move signifies a strategic shift as they seek to expand their digital asset custody services and launch Exchange Traded Funds (ETFs) for institutional clients. This application marks a broader trend among crypto companies seeking regulatory recognition to legitimize their operations and access the growing U.S. market. While Crypto.com has yet to disclose specific plans regarding this expansion, industry analysts speculate that it may impact digital asset markets like Bitcoin (BTC) and Ethereum (ETH), especially if approved.