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.
GSR, an institutional crypto trading platform founded in 2013, launched its first crypto ETF called GSR Crypto Core3 ETF (BESO) on Wednesday, tracking spot prices of Bitcoin, Ether and Solana. The fund uses a dynamic allocation strategy with weekly rebalancing and offers staking rewards. It recorded nearly $5 million in trading volume on its first day, closing at $26.04 before rising to $33 in after-hours trading. The launch coincides with increased Wall Street interest in crypto ETFs, including Morgan Stanley's spot Bitcoin ETF launched April 8 with $163.8 million in net inflows.
