GSR Launches First Crypto ETF with Basket of Bitcoin, Ethereum, and Solana

Crypto market maker GSR has made its foray into the exchange-traded fund (ETF) space with the launch of its first product, the GSR Crypto Core3 ETF. Listed on the Nasdaq under the ticker BESO, the fund provides investors with actively managed exposure to Bitcoin, Ethereum, and Solana.

The ETF's portfolio will be rebalanced weekly based on 'research-driven signals' to optimize returns, according to GSR. The firm claims that its extensive experience in the crypto ecosystem has allowed it to create a product suitable for both retail and institutional investors.