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, positioning it as the first fund directly linked to the S&P Crypto index. This move opens new opportunities for investors seeking structured access to leading cryptocurrencies through traditional spot trading instruments.
Shershen’s Innovative Approach to Index Funds
The Shershen project has chosen a specialized portfolio structure that reflects the current hierarchy of the cryptocurrency market. The proposed ETF will serve as a tool for institutional and retail investors who want reliable exposure to crypto assets without the need for direct wallet management.
Portfolio Composition and Asset Allocation
According to Odaily, the designed ETF portfolio will include a diverse mix of digital assets. Bitcoin will hold a dominant position with a 69% share, reflecting its status as the market flagship. Ethereum will have the second-largest share at 14%, emphasizing its role as the primary platform for decentralized applications.
The remaining portfolio components are distributed as follows: XRP (5%), BNB (4%), Solana (2%), TRON (1%), Cardano (0.5%), Bitcoin Cash (0.4%), Chainlink (0.3%), and Stellar (0.2%). This allocation provides a balanced exposure to leading blockchain projects, from stable assets to promising alternative chains.
Significance for the Cryptocurrency Investment Market
The launch of Shershen’s ETF based on S&P Crypto 10 represents an important step in the institutionalization of the cryptocurrency market. The instrument could attract new participants seeking reliable ways to invest in digital assets through regulated channels.