The GSR Crypto Core3 ETF (BESO) is an actively managed multi-asset cryptocurrency ETF issued by GSR and trading on Nasdaq under ticker BESO. The fund launched on April 22, 2026 as a series of the ETF Opportunities Trust, a Delaware statutory trust, and is positioned as the first U.S. multi-asset crypto ETF combining active management with staking rewards. It provides exposure to Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), with direct holdings of ETH and SOL staked via a wholly-owned Cayman Islands subsidiary.

The fund tracks the three most established cryptocurrencies. Bitcoin is the largest digital asset and is widely held as a macro store of value, with a fixed supply of 21 million coins and a proof-of-work consensus mechanism. Ethereum is the leading smart-contract platform, supporting decentralized applications, stablecoins, and tokenization, and operates under a proof-of-stake consensus mechanism. Solana is a high-throughput layer-1 blockchain using delegated proof-of-stake combined with a Proof-of-History process for fast, low-cost transactions. ETH and SOL holdings can earn staking rewards, which BESO seeks to capture subject to liquidity limits.

BESO is registered under the Investment Company Act of 1940 and classified as non-diversified. Framework Digital Advisors LLC serves as investment adviser, with Tuttle Capital Management LLC as sub-adviser; the fund is sponsored by GSR Strategies LLC and distributed by Foreside Fund Services LLC. The management fee is 1.00%. Allocations among BTC, ETH, and SOL may range from 0% to 60% each and rebalance weekly based on a proprietary research framework. Investors are exposed to crypto-market volatility, staking risks (slashing, lockups, validator failures), tax-status uncertainty tied to the Cayman subsidiary structure, and the typical risks of a newly launched, non-diversified ETF.