Cyber Hornet Proposes ETFs Blending S&P 500 with Crypto Futures
- Cyber Hornet has filed to launch three ETFs combining S&P 500 stocks with futures for Ether, Solana, and XRP in a 75/25 allocation.
- The proposed ETFs will charge a 0.95% management fee and rebalance monthly.
- Exposure to crypto is achieved through direct purchases and futures investments, including CME futures contracts.
- If approved, the funds will be listed on the Nasdaq exchange, available only through secondary market transactions.
- Cyber Hornet Trust currently manages an S&P 500 and Bitcoin 75/25 Strategy ETF with over $6 million in net assets.
Cyber Hornet has filed for regulatory approval to launch three new ETFs that blend S&P 500 stocks with crypto futures, including those of Ethereum, Solana, and XRP. Each ETF will maintain a 75/25 asset allocation between large-cap US equities and crypto futures.
Source (3.2)https://cryptobriefing.com/sp500-crypto-etf-cyberhornet/?rand=59535