GSR Launches First Crypto ETF, BESO, on Nasdaq

GSR has long provided market-making and liquidity services for crypto assets. BESO is its first ETF and is billed as the first actively managed multi-asset crypto ETF in the United States. It gives investors exposure to Bitcoin, Ethereum and Solana through conventional brokerage accounts without requiring them to custody the tokens themselves.

The GSR Crypto Core3 ETF (BESO) began trading on Nasdaq on April 22, 2026. It invests at least 80% of its net assets in the three crypto assets, with each allocation adjustable between 0% and 60%; its ETH and SOL holdings may be staked. The fund has a 1% annual expense ratio and traded about 183,000 shares on its first day, representing nearly $5 million.