GSR Launches First Multi-Asset Crypto ETF with BESO
GSR has launched its first digital asset exchange-traded fund (ETF), called GSR Crypto Core3 ETF, or BESO. This is a multi-asset, actively managed US crypto ETF that covers Bitcoin, Ethereum, and Solana.
According to GSR's CEO Xin Song, '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.' Andy Baehr, Managing Director, Asset Management at GSR, added that the ETF answers three questions: what to own, how to earn yield while you hold, and how to be positioned as markets evolve.
The fund's management fee is 1.00%. It actively manages its assets across the three covered cryptocurrencies and rebalances weekly based on research-driven signals designed to pursue additional returns. Additionally, it may accumulate staking rewards where applicable.