Crypto trading firm GSR launches U.S. listed ETF tied to Bitcoin, Ether, and Solana

GSR Launches GSR Crypto Core3 ETF on Nasdaq

GSR, a leading crypto trading firm and market maker, has recently unveiled its inaugural exchange traded fund, the GSR Crypto Core3 ETF. This new ETF offers investors exposure to three prominent cryptocurrencies: Bitcoin, Ether, and Solana.

Trading under the ticker BESO on Nasdaq, the GSR Crypto Core3 ETF utilizes an actively managed structure. It includes staking rewards and carries a management fee of 1.00%, marking GSR’s entry into the rapidly expanding U.S. digital asset fund market.

This launch signifies a significant milestone for GSR, which has established itself as a key player in the crypto market maker and liquidity provider space. The company is now venturing further into asset management.

Framework Digital Advisors has been appointed as the fund’s investment adviser. GSR positions the ETF as a connector between traditional finance demand and the expertise of the crypto-native market.

GSR Crypto Core3 ETF allocates across Bitcoin, Ether, and Solana and undergoes weekly rebalancing based on research-driven signals to enhance returns over time. The strategy revolves around two major market themes: Bitcoin’s role as a macro asset and the ongoing expansion of blockchain networks like Ethereum and Solana, which facilitate various use cases such as stablecoins and tokenization.

The introduction of GSR’s Core3 ETF reflects the expanding landscape of the U.S. crypto ETF market. GSR’s filing for this innovative ETF is part of a broader trend of proposals for crypto funds that offer diversified exposure, staking capabilities, and active strategies. This trend gained momentum after regulatory changes in 2025 streamlined the approval process for plain vanilla crypto exchange-traded products, leading to a surge in new listings and similar filings.

Earlier U.S.-listed products linked to Solana featured regulated fund structures that incorporated staking rewards. Subsequent market analysis highlighted regulatory clarity regarding protocol staking as a key driver of ETF innovation. The BESO ETF takes this evolution a step further by combining staking with a multi-asset portfolio and active allocation within a single publicly traded vehicle.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, refer to our Editorial Policy.