Cyber Hornet Files SEC for S&P Crypto 10 ETF With BTC Focus

Cyber Hornet has filed with the United States Securities and Exchange Commission (SEC) to bring to market the S&P Crypto 10 ETF (CTX). Cyber Hornet’s filing was made on January 23, 2026. It tracks the top ten cryptocurrency investments by capitalization within the S&P Cryptocurrency Broad Digital Asset Index, with Bitcoin and Ethereum leading the list.

The allocation for the CTX ETF includes 69% for Bitcoin (BTC) and 14% for Ethereum (ETH), whereas 5% for XRP, 4% for Binance Coin, 2% for Solana, 1% for TRON, 0.5% for Cardano, 0.4% for Bitcoin Cash, 0.3% for Chainlink, and 0.2% for Stellar. This allocation for the CTX ETF includes Bitcoin, the dominant cryptocurrency in the market.

CTX ETF Sparks Crypto Competition

Eric Balchunas, senior ETF analyst at Bloomberg, noted that the CTX ETF could potentially be the first S&P-linked spot crypto basket, a milestone in diversified crypto ETFs.

He stated that the filing shows that there is an increase in competition between ETF issuers seeking to provide a spot crypto basket, allowing investors to gain exposure to various cryptocurrencies through a single fund.

Source: X

Bitcoin Dominance Shapes ETF Allocation

However, Bitcoin still leads the way with a market capitalization of over $1.5 trillion as of January 23, 2026. Ethereum is a far second with a market capitalization of $356 billion. Dominance is as follows: BTC is 59%, ETH is 11%, and the combined market capitalization of the other top coins is 29%.

At the time of writing, Bitcoin is trading at $89,409, down 6.15% for the week, with a market cap of $1.79 trillion. Ethereum is trading at $2,953, down 10.24% weekly, holding a market cap of $356.4 billion. XRP is trading at $1.91, down 7% for the week, with a market cap of $116.5 billion (data via CoinMarketCap).

Source: CoinMarketCap

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Cyber Hornet Launches New Spot ETF

In addition, the spot cryptocurrency ETFs have a close correlation with the price of the respective cryptocurrencies, thus providing investors with direct access to Bitcoin, Ethereum, XRP, and other major cryptocurrencies.

Unlike other ETFs based on futures contracts, the spot ETF holds cryptocurrencies themselves, thus reducing the price deviations.

As of now, BlackRock’s iShares Bitcoin Trust (IBIT) is the market leader in the spot BTC ETF market with $69.75 billion, followed by Fidelity Wise Origin Bitcoin Fund (FBTC) with $17.37 billion. There are ETFs like VanEck Ethereum ETF (ETHV) and REX Osprey SOL plus Stacking ETF (SSF) that give exposure to Ethereum and Solana.

Source: SoSoValue.

Currently, according to on-chain data, ETFs holding Bitcoin have around 1,502,560 BTC, worth around $134.5 billion, and this is around 7% of Bitcoin’s total supply.

This is because Cyber Hornet’s CTX ETF entry into the market could soon give investors access to a basket of top-performing cryptocurrencies. This filing may indicate growing institutional interest, with Cyber Hornet highlighting demand for spot-based digital asset ETFs.

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