GSR Launches First Multi-Asset US Crypto ETF

GSR, a leading provider of market making services and institutional-grade OTC trading, has launched its first digital asset exchange-traded fund (ETF), the GSR Crypto Core3 ETF (NASDAQ: BESO).

The ETF, which is the first multi-asset crypto ETF in the US, provides active management and access to staking rewards for investors. It allocates across Bitcoin, Ether, and Solana, three of the most widely traded cryptocurrencies.

GSR's CEO, Xin Song, said '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.'

The fund charges a 1.00% management fee and is designed to provide exposure to the primary drivers of the crypto asset class.