Market maker GSR launches first ETF tracking Bitcoin, Ether and Solana
The GSR Crypto Core3 ETF is GSR’s first crypto exchange-traded product, giving investors access to the top three largest cryptocurrencies by market capitalization.
Institutional crypto trading platform GSR launched its first crypto exchange-traded fund on Wednesday, recording nearly $5 million in trading volume on its first trading day.
The GSR Crypto Core3 ETF (BESO) tracks the spot price of Bitcoin (BTC), Ether (ETH) and Solana (SOL) and offers staking rewards, GSR said in a statement on Wednesday.
In a separate post on X, GSR said it will be adopting a “dynamic allocation strategy” to optimize returns for the fund, which carries a 1% management fee.