Cyber Hornet has submitted an application for the S&P Crypto 10 ETF (CTX), according to Bloomberg ETF analyst Eric Balchunas. This ETF could become the first cryptocurrency basket linked to the S&P index, potentially increasing competition in the crypto basket ETF market. The proposed S&P Crypto 10 ETF would include a diverse range of cryptocurrencies, with Bitcoin making up 69% of the holdings, followed by Ethereum at 14%, and XRP at 5%. Other assets in the basket include Binance Coin, Solana, TRON, Cardano, Bitcoin Cash, Chainlink, and Stellar, with varying smaller percentages.