BREAKING: GSR Files for Game-Changing ETFs Tracking Crypto Treasury Companies

GSR just dropped a bombshell filing that could reshape how Wall Street accesses crypto exposure.

THE NEW PLAYBOOK

Forget direct Bitcoin ETFs—GSR's targeting companies with crypto-heavy treasuries. Think MicroStrategy on steroids. They're betting corporate balance sheets will become the next battleground for digital asset allocation.

WHY THIS CHANGES EVERYTHING

This move bypasses regulatory headaches while giving institutional investors indirect crypto exposure. No custody nightmares. No regulatory gray areas. Just pure-play companies betting their futures on blockchain.

THE WALL STREET ANGLE

GSR's slicing through traditional finance's red tape like a hot knife through butter. They're creating a backdoor for pension funds and institutions still sweating about direct crypto ownership.

THE CYNICAL TAKE

Because nothing says 'mature asset class' like needing five layers of financial engineering to make bankers comfortable with technology that's been running flawlessly for 16 years.

Bottom line: GSR isn't just filing paperwork—they're building the on-ramps for the next wave of institutional capital. And traditional finance? They'll eventually follow the money, like always.

Other planned crypto ETFs

In addition to this treasury-focused ETF, GSR is planning four other crypto ETFs: Core3 ETF, ethereum Staking Opportunity ETF, Crypto StakingMax ETF, and Ethereum YieldEdge ETF. These funds focus on staking and related strategies. Some will have offshore subsidiaries that will stake Ethereum or invest in other staking-related products.

Ethereum Staking and YieldEdge ETFs

GSR intends to organize the Ethereum Staking and YieldEdge ETFs via offshore wholly-owned subsidiaries so they can purchase and stake Ethereum while being governed by U.S. laws under the Investment Company Act of 1940.

The Ethereum Staking fund will predominantly invest in Ether staking ETFs offshore, and the YieldEdge ETF will utilize an actively managed derivatives strategy. The StakingMax ETF will invest in cryptocurrencies and securities relating to proof-of-stake networks, utilizing an offshore subsidiary.

Ethereum Staking Opportunity and Crypto Core3 ETFs

The GSR Ethereum Staking Opportunity ETF aims to track the movement of Ethereum (ETH) plus staking rewards. Investors in this fund WOULD be charged a yearly management fee of around 1%, and other charges would be minimal.

The crypto Core3 ETF is intended to follow Bitcoin, Ether, and Solana, and could directly hold the tokens. It is listed under the Securities Act of 1933 and intends to invest about one-third of its assets in each token to provide exposure to the three leading digital assets. 

The launch comes as a result of a rising trend among asset managers providing ETFs tracking cryptocurrencies and staking strategies.

Also Read: SEC Clears Grayscale’s ETH ETFs Under New Generic Rules