Gate News message, April 22 — GSR has entered the exchange-traded fund market with the launch of Core3, a multi-asset crypto ETF trading under ticker BESO on Nasdaq. The fund combines exposure to Bitcoin, Ethereum, and Solana, three assets representing distinct but complementary roles in the crypto ecosystem, while integrating active management and yield opportunities.
Core3 employs weekly rebalancing to adjust allocations based on research-driven signals, allowing it to respond quickly to market shifts. The fund also enables participation in staking rewards where possible, introducing a yield component uncommon in traditional ETFs. GSR set the management fee at 1.00%, positioning the product as an actively managed strategy rather than a low-cost passive offering.
The ETF launch reflects GSR’s broader strategic evolution beyond its traditional market-making roots. In March 2026, GSR acquired Autonomous and Architech to expand its token strategy and project development capabilities. The firm has also invested in Libeara, a tokenization platform backed by SC Ventures, signaling further commitment to blockchain-based financial infrastructure. These moves demonstrate GSR’s intent to operate across multiple layers of the crypto ecosystem as a full-service capital markets partner.
Related News