Cyber Hornet has filed to launch three ETFs combo
Cyber Hornet Trust aims to bring new financial offering to the market
Digging deeper into their filings you can see Cyber Hornet filed three distinct ETF applications. One for Eth with S&P 500 stocks, then another for Solana and S&P 500 stocks and lastly XRP and S&P 500 stocks. All three will have a 75/25 allocation with the 75% being S&P 500 stocks and the 25% being their respective crypto futures. These are also known as S&P CME 75/25 Blended Indexes.
So, you need help getting to sleep at night.
Have no fear their S-1 filing is here
How to find these ETF's once they are approved?
- Cyber Hornet S&P 500 and Ethereum 75/25 Strategy ETF (EEE)
- Cyber Hornet S&P 500 and Solana 75/25 Strategy ETF (SSS)
- Cyber Hornet S&P 500 and XRP 75/25 Strategy ETF (XXX).
Once approved these funds will be listed on the NASDAQ.
Anticipated new fund fee's?
These funds will incur a 0.95% monthly fee and auto rebalancing will take place on that same cadence. The monthly rebalance will help to ensure they stay on target for proper allocation. All according to details in their S-1 filing.
How will Cyber Hornet Trust make their purchases for their ETF's?
For the Crypto they will utilize direct purchase through Coinbase as well as Kraken. While the Futures will be purchased thru Cyber Hornet Trust subsidiary in the Cayman Islands which is backed by short-terms (i.e. less than 1-year) US Treasuries.
Why should be believe Cyber Hornet Trust will get approved?
Cyber Hornet Trust already has an S&P 500 and BTC 75/25 Strategy ETF fund. You can find it under the ticker BBB as it was launched back in 2023.
Summary
Cyber Hornet Trust has been down this ETF filing road prior with their BTC fund. Keep in mind it is designed to spread risk as it combines ETF and specific Crypto Futures all in one offering. This is NOT financial advise, nor should you construe it as such. Just bringing you the news on new Crypto ETF filings.
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