Cyber Hornet Applies for S&P Crypto 10 ETF, Could Become First Spot Crypto Basket ETF Linked to S&P Index

According to a post on X by Bloomberg ETF analyst Eric Balchunas, Cyber Hornet has submitted an application for the S&P Crypto 10 ETF (CTX), which could become the first spot basket ETF linked to the S&P Crypto Index. The proposed holdings for this ETF include: Bitcoin 69%, Ethereum 14%, XRP 5%, BNB 4%, Solana 2%, TRON 1%, Cardano 0.5%, Bitcoin Cash 0.4%, Chainlink 0.3%, and Stellar 0.2%.