PANews reported on January 24 that Bloomberg ETF analyst Eric Balchunas stated that Cyber Hornet has submitted an application for the S&P Crypto 10 ETF (CTX). Balchunas believes this ETF could be the first cryptocurrency basket linked to the S&P index, intensifying competition in the cryptocurrency basket ETF market.
The S&P Crypto 10 ETF holdings consist of: Bitcoin (69%), Ethereum (14%), XRP (5%), Binance Coin (4%), Solana (2%), TRON (1%), Cardano (0.5%), Bitcoin Cash (0.4%), Chainlink (0.3%), and Stellar (0.2%).
