GSR enters crypto ETF field with actively managed multi-asset fund tracking Bitcoin, Ethereum and Solana
Summary
GSR has launched its inaugural exchange-traded fund, the GSR Crypto Core3 ETF (BESO), on Nasdaq. This actively managed multi-asset fund provides exposure to Bitcoin, Ethereum, and Solana by investing in their native coins and accumulating staking rewards where applicable. The fund, which charges a 1% management fee and will be rebalanced weekly, is notable as the first actively managed multi-asset crypto ETF in the U.S. with staking access. This launch follows the success of spot Bitcoin and Ethereum ETFs and a more lenient regulatory environment from the SEC. GSR aims for the Core3 ETF to address key investor questions about what to own, how to earn yield, and how to position themselves in evolving markets, positioning it as a step in GSR's evolution into a full-scope capital markets partner.
(Source:The Block)