The SPDR S&P 500 ETF (SPY) is a broad market ETF that tracks the S&P 500 Index. The new measures from the U.S. government to increase financial support for small private businesses in Cuba are unlikely to have a significant impact on the overall U.S. market, and therefore, the impact on SPY is likely to be minimal.

The Herzfeld Caribbean Basin Fund (CUBA) is an ETF that invests in companies that are likely to benefit from economic, political, structural, and technological developments in the countries in the Caribbean Basin, which includes Cuba. If the U.S. government is indeed preparing new measures to increase financial support for small private businesses in Cuba, this could potentially lead to an increase in the value of the companies that the fund invests in, thereby benefiting the fund itself.