GSR Launches Crypto Core3 ETF on Nasdaq
- GSR introduced the GSR Crypto Core3 ETF, trading under the ticker BESO, on the Nasdaq exchange.
- The ETF offers exposure to Bitcoin, Ethereum, and Solana with weekly rebalancing and staking rewards.
- BESO is designed for both institutional and retail investors, featuring a management fee of 1%.
- Bitcoin’s price increased by nearly 11% over the last month, reaching $79,130.
- Ethereum’s value rose by about 10%, while Solana saw a decrease of approximately 3.1% in the same period.
The launch of GSR’s Crypto Core3 ETF marks a significant step in providing actively managed crypto exposure through traditional financial markets like Nasdaq. The fund targets both individual and institutional investors seeking diversified crypto investments with added benefits from staking yields.
With its dynamic allocation strategy and low management fee, BESO aims to attract a broad range of investors looking for efficient crypto market exposure. (Source)
