GSR launches multi-asset cryptocurrency ETF on Nasdaq

Here's what it means for you.
The launch of the BESO ETF signals a significant shift towards diversified cryptocurrency investment options for institutional investors.
What happened
GSR launched the BESO ETF on Nasdaq, marking its entry into the asset management space.
The Context
- The ETF includes the three largest cryptocurrencies by market capitalization.
- It has a management fee of 1% and offers staking rewards where applicable.
- GSR is transitioning from market-making to actively managing crypto investment products.
Takeaway
The launch of the BESO ETF may signal increased institutional interest in diversified crypto investment vehicles.
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