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GSR submitted an ETF application for the encryption treasury company to the SEC.
According to Mars Finance, on September 25, GSR, a market maker, submitted a new ETF application to the U.S. Securities and Exchange Commission (SEC), as reported by Decrypt. This ETF will focus on investing in companies that hold Crypto Assets in reserve, with an investment ratio of no less than 80%. The initial plan is to hold 10-15 investment targets, mainly targeting companies listed on U.S. exchanges, but it may also include private sales (PIPE).