GSR says Crypto Core3 ETF is simple gateway for mainstream investors

A new actively managed ETF aims to simplify crypto investing by bundling Bitcoin, Ethereum and Solana into one rebalanced portfolio.

What to know:

What’s new: GSR has launched its first ETF built around three major tokens with active management layered on top.

• The fund holds Bitcoin, Ethereum and Solana, with weekly rebalancing to adjust market exposure, said GSR Managing Director of Asset Management, Andy Baehr on CoinDesk’s Public Keys.
• It includes staking rewards for Ethereum and Solana, adding yield on top of price exposure
• The goal: offer a core portfolio investors can hold without constant trading decisions

Why it matters: Crypto ETFs are shifting from trading tools to long-term allocation products.

• Institutional players like Morgan Stanley and Goldman Sachs are tailoring crypto ETFs for wealth clients, Andy said
• Advisors increasingly need simple, diversified crypto exposure beyond just Bitcoin
• GSR is betting investors want a single, easy entry point rather than complex multi-token baskets

The strategy: A mix of macro stability and growth upside.

• Bitcoin serves as the macro asset and store of value in the portfolio
• Ethereum and Solana represent growth tied to stablecoins, tokenization and on-chain activity
• Active weighting aims to tilt toward Bitcoin in downturns and toward ETH/SOL in growth cycles

Reading between the lines: This is a bet on core crypto consolidation.

• GSR rejected market-cap weighting as too Bitcoin-heavy and broad indexes as too complex
• The firm sees Ethereum and Solana as the leading layer 1 platforms competing for long-term dominance
• Weekly rebalancing is designed to outperform passive crypto baskets

What comes next: More ETF products could follow.

• GSR has filed for five ETFs and may expand its lineup, Andy said
• The firm is also building out advisory and token launch services after recent acquisitions
• Regulatory clarity — including treatment of major tokens as commodities — is opening doors for new products

More For You

A new documentary digs into Bitcoin’s origins, reframing the search for Satoshi Nakamoto as both a technical investigation and a deeply human story.

DeFi shaken by $292 million hack, but showing resilience, Standard Chartered says

5 minutes ago

Securitize, Computershare open path for $70 trillion U.S. stocks to move onchain

14 minutes ago

Galaxy Digital leads $20 million investment in Fence to overhaul back end of $6 trillion credit market

43 minutes ago

MoonPay acquires Israeli crypto security firm Sodot in $100 million stock deal

46 minutes ago

Price of bitcoin could go higher or ‘can go to zero,’ says Czech central bank governor

49 minutes ago

A tiny group is winning on Polymarket as under 1% of wallets take half the profits

1 hour ago

There's a social media groundswell predicting bitcoin above $90,000. That might be a problem.

3 hours ago

Bitcoin rebounds from key support as traders eye renewed push toward $80,000

2 hours ago

Institutional money is coming for bitcoin, but Adam Back says it moves slower than you think

9 hours ago

Tether leads Belo's $14 million raise to expand stablecoin payments across Latin America

1 hour ago

Paul Tudor Jones calls bitcoin the 'best inflation hedge,' warns of overvalued stocks

17 hours ago

'Crypto Godfather' says bitcoin has not reached its bottom and a new all-time high is off the table for 2026

21 hours ago