GSR Launches First ETF with Exposure to Bitcoin, Ethereum, and Solana

Market maker GSR has made a significant entry into the exchange-traded fund (ETF) space with the launch of its first ETF, the GSR Crypto Core3 ETF. The new fund will invest in a basket of cryptocurrencies, including Bitcoin, Ethereum, and Solana.

The GSR Crypto Core3 ETF will provide investors with exposure to the fundamental drivers of the cryptocurrency market, allowing them to generate returns through staking rewards where applicable.

GSR's CEO, Andy Baehr, stated that the fund addresses three key questions for crypto investors: what to own, how to generate returns while holding, and how to position themselves as markets evolve.