GSR Launches Nasdaq-Listed Crypto ETF with Diversified Basket of Digital Assets

GSR, a leading cryptocurrency trading firm, has expanded its operations into asset management by launching its first exchange-traded fund (ETF) on the Nasdaq. The new product provides investors with a regulated vehicle to access a diversified basket of major digital tokens.

The ETF, titled BESO and trading under the ticker symbol 'BESO', specifically tracks bitcoin, ether, and solana. According to GSR, the fund is an actively managed investment vehicle that carries a 1% management fee and utilizes weekly rebalancing based on research-driven signals to optimize investor returns.

GSR emphasized that the fund focuses on two primary market themes: the status of bitcoin as a macroeconomic asset and the continued expansion of the Ethereum and Solana blockchain ecosystems. These platforms are known for supporting tokenized assets and stablecoin applications.