PANews
PANews|Sep 28, 2025 00:32
[Cyber Hornet Applies for Three ETFs Combining ETH, SOL, and XRP Futures with the S&P 500 Index] According to Cryptobriefing, based on filings with the U.S. SEC, Cyber Hornet Trust is seeking regulatory approval to launch three new ETFs. These products aim to track the S&P 500 Index as well as the S&P CME 75/25 blended indices related to Ethereum, XRP, and Solana futures. The proposed ETFs are as follows: Cyber Hornet S&P 500 and Ethereum 75/25 Strategy ETF (EEE), Cyber Hornet S&P 500 and Solana 75/25 Strategy ETF (SSS), and Cyber Hornet S&P 500 and XRP 75/25 Strategy ETF (XXX). Each fund will allocate approximately 75% of its assets to large-cap U.S. stocks within the S&P 500 Index, with the remaining 25% allocated to Ethereum, Solana, or XRP futures contracts, depending on the fund category. The filings indicate that the management fee for all three ETFs will be 0.95%. These funds will maintain their target asset allocation ratios through monthly rebalancing, though investment advisors may adjust the ratios based on market conditions. For the cryptocurrency portion of the investments, the funds will gain exposure through direct purchases, CME futures contracts, and exchange-traded open-ended index products. If approved, these funds will be listed on the Nasdaq exchange and can only be purchased through secondary market trading, with no direct redemption option available.
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