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A new S-P Crypto 10 ETF has filed its S-1 registration statement with the SEC under the ticker symbol CTX. The fund tracks a diversified basket of leading cryptocurrencies weighted as follows: Bitcoin dominates at 69.92%, followed by Ethereum at 14.58%, XRP at 5.05%, and Binance Coin at 4.75%. Smaller allocations include Solana (2.92%), TRON (1.09%), Cardano (0.57%), Bitcoin Cash (0.48%), and Chainlink (0.36%). This ETF structure reflects current market cap trends and provides investors with exposure to the top crypto assets through a single regulated fund vehicle.
Old coins in new bottles, still depends on whether it can really pass the approval later.
The 69.92 ratio feels a bit excessive...
If the CTX code goes live smoothly, will there be another wave of capital inflow?
Wait until it's actually launched before talking. The SEC has been playing this game recently, it's no longer surprising.