Expands asset management offering to issue the first multi-asset, actively managed US crypto ETF across Bitcoin, Ethereum, and Solana

GSR, crypto’s capital markets partner, launched its first digital asset exchange-traded fund (ETF), the GSR Crypto Core3 ETF (NASDAQ: BESO) (“Core3”). Core3 is the first multi-asset crypto ETF in the U.S., providing both active management and access to staking rewards. GSR will charge a 1.00% management fee.

The launch of Core3 expands GSR’s asset management business, which operates at the intersection of traditional finance and crypto to meet the growing demand for liquid access to digital assets. Framework Digital Advisors will serve as the fund’s investment adviser.

Core3 provides exposure to Bitcoin, Ether, and Solana, providing investors with diversified exposure to crypto’s two dominant themes. Bitcoin is the largest cryptocurrency and has become a widely traded and held macro asset. Ether and Solana are two dominant layer 1 blockchains that support a range of blockchain-based applications, including stablecoins and tokenization.

The fund allocates actively across the three assets and rebalances weekly based on research-driven signals designed to pursue additional returns. The fund may also accumulate staking rewards where applicable.

“GSR has spent over a decade building efficient crypto markets, and with Core3, we are extending that expertise into a product accessible to a broader range of investors,” said Xin Song, CEO of GSR. “Our ETF strategy reflects our deep understanding of how this asset class is evolving.”

“Core3 answers the three questions every crypto investor faces: what to own, how to earn yield while you hold, and how to be positioned as markets evolve,” said Andy Baehr, Managing Director, Asset Management, GSR. “As crypto becomes an increasingly important component of modern portfolios, Core3 provides exposure to the asset class’s primary drivers — Bitcoin’s macro influence and the continued growth and adoption of blockchain technology.”

GSR has built its ETF product from a unique vantage point, bridging its global crypto market experience across trading, liquidity, and risk expertise to build investment products that reach both institutional and retail investors.

The launch of Core3 marks the next step in GSR’s evolution as a full-scope capital markets partner, expanding its asset management platform to deliver investment products and services for both crypto native and traditional investors alike.

Source: GSR