GSR has just launched its first ETF, and that's actually quite interesting. The thing is designed so that investors can simply bet on the three biggest crypto assets without buying each one individually. Practical for people who prefer to see their money allocated rather than fiddling around themselves.

This shows how much the market is professionalizing. A major player like GSR, which is usually active in market-making, is now also allocating resources to such products. The signal is clear: the infrastructure is becoming more sophisticated, and entry barriers are lowering. Whether this will really make a difference for retail investors in the end remains to be seen. But it is definitely a step in the right direction if you want to allocate your portfolio in a structured way.