Cyber Hornet has submitted the documentation for the launch of the S&P Crypto 10 spot ETF.

robot
Abstract generation in progress

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.

XRP-4.81%
BNB-0.71%
TRX-0.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)