A new crypto ETF just launched β and Bitcoin is not the main focus
GSR has launched its first crypto ETF, BESO, built around Bitcoin, Ethereum, and Solana.
What makes this product stand out is its allocation. Instead of putting Bitcoin at the center, the fund gives the biggest weights to Ethereum and Solana, while BTC gets the smallest share. According to GSRβs model allocation, ETH makes up 51.4%, SOL 41.67%, and BTC just 6.93%.
The ETF also tracks spot prices, includes staking yield, and uses a dynamic allocation strategy designed to improve returns. On its first day, BESO recorded around $4.8 million in trading volume, showing strong early interest.
This launch highlights a bigger shift in the market: institutional crypto products are starting to move beyond simple Bitcoin exposure and toward more flexible, actively structured digital asset portfolios.