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GSR has launched the GSR Crypto Core3 ETF, trading as BESO on Nasdaq, providing actively managed exposure to Bitcoin, Ethereum, and Solana. The fund features weekly rebalancing and staking rewards for investors.
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Crypto market maker GSR launched its first exchange-traded fund (ETF)—the GSR Crypto Core3 ETF—on Wednesday, and it’s now live for trading on the Nasdaq.
The fund, which trades under the ticker BESO, will offer investors actively managed exposure to Bitcoin, Ethereum, and Solana, as well as staking rewards from its ETH and SOL holdings. The fund will operate with a 1% management fee.
“GSR has spent over a decade building efficient crypto markets, and with Core3, we are extending that expertise into a product accessible to a broader range of investors,” said GSR CEO Xin Song, in a statement. “Our ETF strategy reflects our deep understanding of how this asset class is evolving.”
Today we’re launching BESO, the GSR Crypto Core3 ETF. $BESO is live on Nasdaq as the premiere U.S. ETF offering exposure to Bitcoin, Ethereum, and Solana with staking yields and a dynamic allocation strategy. pic.twitter.com/zk9XemshcJ
— GSR (@GSR_io) April 22, 2026
The firm said the product has been built using its substantial experience in the crypto ecosystem “across trading, liquidity, and risk expertise,” allowing it to create an ETF that is suitable for both retail and institutional investors. GSR will rebalance its portfolio weekly based on “research-driven signals,” as it seeks the best rate of return.
“Core3 answers the three questions every crypto investor faces: what to own, how to earn yield while you hold, and how to be positioned as markets evolve,” said GSR’s Managing Director of Asset Management Andy Baehr, in a statement.
The GSR Crypto Core3 ETF, trading as BESO, offers actively managed exposure to Bitcoin, Ethereum, and Solana, along with staking rewards for its ETH and SOL holdings.
The GSR ETF rebalances its positions on a weekly basis.
The management fee for the GSR Crypto Core3 ETF is set at 1%.

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“As crypto becomes an increasingly important component of modern portfolios, Core3 provides exposure to the asset class’s primary drivers—Bitcoin’s macro influence and the continued growth and adoption of blockchain technology.”
The firm’s launch is likely the beginning of a trend, according to Bloomberg ETF analyst James Seyffart.
“I expect basket ETFs (active or passive) to be one of the fastest-growing categories in crypto ETFs over the next couple years,” he posted on X. “This one will attempt to outperform an equal weighted 'index' of BTC, ETH & SOL.”
The trio have each jumped more than 3% in the last 24 hours as the broader crypto market gains. Bitcoin was recently trading at $79,130—up nearly 11% in the last month. Meanwhile, Ethereum and Solana are changing hands around $2,400 and $88.31, up 10% and down 3.1% over the same timeframe, respectively.