GSR Markets has listed BESO on Nasdaq, the first US-traded crypto fund to actively manage a multi-asset basket of BTC, ETH, and SOL while passing through protocol-level staking yield — 3.3–4.0% APY from ETH — directly to shareholders. The fund charges a 1% annual fee and rebalances weekly, entering a field that now includes BlackRock's IBIT ($54B AUM) and Bitwise's BAVA, which offers concentrated AVAX exposure at 5.4% staking APY.
The launch lands as spot Ethereum ETFs posted $206 million in net inflows over just three trading days this week — the strongest weekly figure since launch — pushing cumulative ETH ETF inflows close to $12 billion. ETH network transactions also surged 41% week-over-week.
On price, ETH is consolidating in a $2,200–$2,400 range, with $2,400 acting as the critical pivot. Exchange supply is contracting as staking pulls assets off-market — a structural squeeze…
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