#ETF #GSR #BESO 👨🎓Preliminary Thoughts
💡 GSR's transition from market maker to asset management — is it a strategic blow or a cross-industry gamble?
💡 What exactly is the active management strategy? Can it really generate more yield?
💡 In a ‘red ocean’ dominated by giants in the Bitcoin ETF space, how can Crypto Core3 ETF break through?
💡 Management fees are nearly four times higher than those of passive crypto ETFs — what makes GSR worth that price in the market?
Introduction
On April 22, 2026, the Nasdaq exchange welcomed a unique crypto ETF — GSR Crypto Core3 ETF (ticker BESO).