Market maker GSR files for ETF to track crypto treasury firms
GSR has filed for five crypto ETFs involving staking and bundling tokens, but its headlining bid is a fund that invests in crypto treasury companies.
Wall Street could soon be getting a new exchange-traded fund that bundles up crypto treasury companies, alongside four other funds from crypto trading and market-making firm GSR.
The company is looking to launch the GSR Digital Asset Treasury Companies ETF, according to a regulatory filing on Wednesday, which would invest in public companies such as the Bitcoin (BTC) buying Strategy or the Ether (ETH) holding BitMine Immersion Technologies.
The filing, GSR’s first-ever foray into ETFs, also lists four other funds involving ETH and crypto staking, with one that looks to bundle and track the price of Bitcoin, Ether and Solana (SOL).