GSR Launches First Multi-Asset Crypto ETF on Nasdaq

Cryptocurrency market maker GSR has introduced its first multi-asset crypto ETF, named GSR Crypto Core3 ETF, with the ticker BESO, now listed on Nasdaq. According to ChainCatcher, the ETF includes investments in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), and incorporates staking yields where applicable. The fund employs an active management strategy with plans to adjust its holdings weekly, and carries a management fee of 1%. The report highlights that this product is the first actively managed multi-asset crypto ETF in the United States to offer staking capabilities. This launch marks GSR's latest effort to expand its crypto ETF and asset management business.