Cyber Hornet files for S&P Crypto 10 ETF, as S&P-linked spot baskets gain momentum
Cyber Hornet has filed for the registration of the S&P Crypto 10 ETF (CTX) with the Securities and Exchange Commission. The CTX index seeks to offer exposure to the top 10 cryptocurrencies by market cap from the S&P Cryptocurrency Broad Digital Asset index.
The CTX index has favored BTC and ETH, allocating 69% to BTC and 14% to ETH. Additionally, XRP holding exposure stands at 5%, Binance Coin at 4%, Solana at 2%, TRON at 1%, Cardano at 0.5%, Bitcoin Cash at 0.4%, Chainlink at 0.3%, and Stellar at 0.2%.
Balchunas says the CTX basket could be the first S&P-linked spot ETF
Eric Balchunas, a senior ETF analyst for Bloomberg, revealed that Cyber Hornet is filing for the S&P Crypto 10 ETF (CTX), which could mark the first S&P-linked…
