“The fund allocates actively across the three assets and rebalances weekly based on research-driven signals designed to pursue additional returns,” GSR said in a press release.

Framework Digital Advisors will serve as the fund’s investment adviser.

The move expands GSR’s business beyond trading and market making into asset management.

The firm has spent more than a decade providing liquidity and over-the-counter trading services in crypto markets and is now looking to package that expertise into investment products.

The ETF also introduces staking rewards, a feature not commonly available in traditional investment vehicles but one that has been added to some existing crypto ETFs, including the largest, BlackRock’s iShares Bitcoin Trust (IBIT). This feature the fund to generate yield from certain blockchain networks while holding assets.

“GSR has spent over a decade building efficient crypto markets, and with Core3, we are extending that expertise into a product accessible to a broader range of investors,” GSR CEO Xin Song said.

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