GSR Enters Crypto ETF Space, Launching Its First Multi-Asset Crypto ETF

TechFlow News, April 22: According to The Block, cryptocurrency market maker GSR has launched its first multi-asset crypto ETF—GSR Crypto Core3 ETF—trading under the ticker symbol BESO on Nasdaq. The ETF invests in BTC, ETH, and SOL, and incorporates staking rewards where applicable. Employing an actively managed strategy, the fund plans to rebalance weekly and carries a management fee of 1%. The report notes that this product is also the first actively managed, multi-asset crypto ETF in the U.S. to offer staking functionality. This launch marks GSR’s latest move to expand its crypto ETF and asset management business.