GSR enters the cryptocurrency ETF market, launching its first multi-asset cryptocurrency ETF

According to The Block, cryptocurrency market maker GSR has launched its first multi-asset crypto ETF ------ GSR Crypto Core3 ETF, with the ticker BESO, listed on Nasdaq. The investment targets include BTC, ETH, and SOL, and will account for staking rewards where applicable.

The fund employs an active management strategy, planning to rebalance weekly, with a management fee of 1%. Reports indicate that this product is also the first actively managed multi-asset crypto ETF in the U.S. to offer staking functionality. This launch is GSR's latest initiative to expand its crypto ETF and asset management business.