GSR enters the cryptocurrency ETF space, launching the first multi-asset crypto ETF

Mars Finance reports that, according to The Block, the cryptocurrency market maker GSR has launched its first multi-asset crypto ETF — GSR Crypto Core3 ETF, ticker symbol BESO, listed on NASDAQ. The investment targets include BTC, ETH, and SOL, and staking yields will be included where applicable. The fund employs an active management strategy, plans to rebalance weekly, and charges a management fee of 1%. The report states that this product is also the first actively managed multi-asset crypto ETF in the U.S. that can access staking features. This launch is GSR’s latest move to expand its crypto ETF and asset management business.