Cyber Hornet Launches 75/25 S&P 500 and Bitcoin ETF with Monthly Rebalance
BBB•Cyber Hornet launched its S&P 500 and Bitcoin 75/25 Strategy ETF in December 2023 with a 75% S&P 500 and 25% Bitcoin allocation rebalanced monthly. The structure aims to cap drawdowns below 40% to retain clients while preserving significant crypto upside.
1. Episode Overview
Brad Roth, CIO of Thor Financial Technologies, sits down with Mike Willis, Co-Founder and CEO of Cyber Hornet ETFs, to discuss crypto and bitcoin investing strategies, proxy voting and the firm’s flagship ETF.
2. Fund Structure and Launch
The Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF launched in December 2023, combining 75% S&P 500 exposure with 25% Bitcoin and conducting monthly rebalances to maintain the target allocation.
3. Drawdown Management
Willis and his team tested multiple allocations and determined that a 75/25 split keeps worst annual drawdowns within a 40% threshold, balancing meaningful Bitcoin upside with client drawdown tolerance.
4. Founding Mission
Founded after a pivotal conversation with Jack Bogle, Cyber Hornet aims to bridge traditional finance to decentralized finance and offer a founder-run alternative to major asset managers.
