GSR Unveils Its Debut ETF, Offering Investors Simplified Access to Top Cryptocurrencies

GSR, a prominent cryptocurrency trading firm, has introduced its first exchange-traded fund (ETF), marking its entry into a rapidly growing segment of the digital asset market. The GSR Crypto Core3 ETF, listed on Nasdaq under the ticker BESO, provides investors with exposure to three major cryptocurrencies: bitcoin, ether, and solana. With a management fee of 1%, the fund combines active portfolio management with the potential to earn staking rewards on eligible assets. The launch of this ETF comes at a time when crypto ETFs are gaining popularity among both retail and institutional investors seeking easier access to digital assets through traditional brokerage accounts. Unlike most U.S.-listed crypto ETFs, which have focused on single assets like bitcoin, the GSR Crypto Core3 ETF adopts a basket approach, bundling multiple tokens into a single product with weekly allocation adjustments. The fund aims to capture two key themes in crypto markets: bitcoin's role as a macro asset and the growth of blockchain platforms like Ethereum and Solana, which support applications such as stablecoins and tokenized assets. According to GSR, the fund allocates assets actively across the three cryptocurrencies and rebalances weekly based on research-driven signals designed to generate additional returns. Framework Digital Advisors will serve as the fund's investment adviser, while GSR expands its business beyond trading and market making into asset management. With over a decade of experience providing liquidity and over-the-counter trading services in crypto markets, GSR is now leveraging its expertise to create investment products. The ETF also introduces staking rewards, a feature not commonly found in traditional investment vehicles but available in some existing crypto ETFs. This allows the fund to generate yield from certain blockchain networks while holding assets. 'GSR has spent over a decade building efficient crypto markets, and with Core3, we are extending that expertise into a product accessible to a broader range of investors,' said GSR CEO Xin Song.