Cyber Hornet applies for three ETFs mixing ETH, SOL, and XRP futures with the S&P 500 index

ChainCatcher News, according to market sources and US SEC filings, Cyber Hornet Trust is seeking regulatory approval to launch three new ETFs. These products are designed to track the S&P 500 Index, as well as S&P CME 75/25 hybrid indices related to Ethereum, XRP, and Solana futures.

The proposed ETFs are: 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 US stocks in the S&P 500 Index, with the remaining 25% allocated to futures contracts of Ethereum, Solana, or XRP, depending on the fund category. The filings show that all three ETFs will have a management fee rate of 0.95%. These funds will maintain their target asset allocation ratio through monthly rebalancing, although investment advisors may adjust the ratio based on market conditions.

For the cryptocurrency portion of the investment, 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 direct redemption not supported.