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Cyber Hornet has submitted the documentation for the launch of the S&P Crypto 10 spot ETF.
Cyber Shershen has submitted documentation for the creation of the CTX index fund, based on the S&P Crypto 10. If regulators approve the initiative, this will become the first spot cryptocurrency ETF linked to the famous S&P index. According to Odaily sources, the new fund proposes a revolutionary approach to distributing crypto assets, reflecting current realities of digital finance.
Structure and Distribution of Crypto Assets
The portfolio architecture is focused on leading digital assets. According to preliminary information, Bitcoin will hold a dominant position with 69% of the fund’s assets, reflecting its status as the flagship cryptocurrency. Ethereum will occupy a secondary but significant position at 14%, complementing the core asset of the portfolio.
Among altcoins, the allocations are: XRP (5%), BNB (4%), Solana (2%), TRON (1%), Cardano (0.5%), Bitcoin Cash (0.4%), Chainlink (0.3%), and Stellar (0.2%). This distribution reflects the weighting of the S&P Crypto 10 by market capitalization and liquidity of each asset.
Market Value and Prospects
The launch of such an ETF could significantly simplify access for traditional investors to a diversified crypto portfolio. The S&P Crypto 10 fund could potentially become a benchmark for tracking the overall performance of leading digital assets in financial markets.