Cyber Hornet has made its ETF debut with the launch of a multi-asset strategy systematically combining US large-cap equities with exposure to bitcoin futures.
The Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ US) has been listed on Nasdaq with an expense ratio of 0.95%.
The fund is linked to the S&P 500 and S&P CME Bitcoin Futures Index 75/25 Blend Index which consists of a 75% weight in the S&P 500 Index (the bellwether benchmark for US large-cap equities) and a 25% weight in the S&P CME Bitcoin Futures Index (a reference for standardized, front-month bitcoin futures trading on the Chicago Mercantile Exchange).
The ETF rebalances to its 75%/25% allocation monthly, an approach that Cyber Hornet states is effective at helping to lower downside volatility. According to the fund’s prospectus document, the ETF may rebalance more frequently during periods of significant price volatility at the advisor’s discretion. The fund does not invest directly in bitcoin or any other crypto asset.