Cyber Hornet files for S&P Crypto 10 ETF, as S&P-linked spot baskets gain momentum
The post Cyber Hornet files for S&P Crypto 10 ETF, as S&P-linked spot baskets gain momentum appeared on BitcoinEthereumNews.com.
Cyber Hornet has filed for the registration of the S&P Crypto 10 ETF (CTX) with the Securities and Exchange Commission. The CTX index seeks to offer exposure to the top 10 cryptocurrencies by market cap from the S&P Cryptocurrency Broad Digital Asset index. The CTX index has favored BTC and ETH, allocating 69% to BTC and 14% to ETH. Additionally, XRP holding exposure stands at 5%, Binance Coin at 4%, Solana at 2%, TRON at 1%, Cardano at 0.5%, Bitcoin Cash at 0.4%, Chainlink at 0.3%, and Stellar at 0.2%. Balchunas says the CTX basket could be the first S&P-linked spot ETF Eric Balchunas, a senior ETF analyst for Bloomberg, revealed that Cyber Hornet is filing for the S&P Crypto 10 ETF (CTX), which could mark the first S&P-linked spot basket. According to Balchunas, the race for crypto basket ETF supremacy is just heating up, signaling intensified competition among issuers for diversified spot-exposure products. Cyber Hornet filing for S&P Crypto 10 ETF (CTX), which (i think) could be first S&P-linked spot basket. THE RACE FOR CRYPTO BASKET ETF SUPREMACY IS HEATING UP.. Holdings breakdown: Bitcoin (69%), Ethereum (14%), XRP (5%), Binance Coin (4%), Solana (2%), TRON (1%), Cardano… pic.twitter.com/bamvvf8MFA — Eric Balchunas (@EricBalchunas) January 23, 2026 The CTX basket largely favors BTC, making it a Bitcoin-dominant ETF. The move highlights BTC’s dominance across the crypto space, currently commanding over $1.5 trillion in market capitalization, while the closest asset, ETH, commands only $356 billion. BTC dominance is up 59% as of now, followed by ETH at 11%; the rest of the cryptocurrencies command a cumulative 29% share of the market. At the time of publication, BTC was down 5.97% on the weekly chart, trading at $89,449, with a market cap of $1.79 trillion. ETH had lost 10.24% on the weekly chart,…
Filed under: News - @ January 24, 2026 9:26 am