GSR files five crypto ETFs with SEC including Ethereum staking funds

Crypto trading firm GSR filed registration documents with the U.S. Securities and Exchange Commission on Sept. 24 proposing five exchange traded funds, including a Digital Asset Treasury Companies ETF that would provide investors exposure to firms holding cryptocurrencies on their balance sheets and four Ethereum-focused funds targeting staking rewards, according to the filings. The move marks GSR's first proposed ETF lineup and follows the firm’s recent expansion into U.S. asset management.

Under its proposal, the GSR Digital Asset Treasury Companies ETF would invest at least 80 percent of its assets in companies that maintain significant digital asset holdings in their corporate treasuries, the registration statement said. The fund would seek to hold roughly 10 to 15 positions, initially focusing on U.S.-listed securities while preserving the ability to make private investments in public equity, or PIPE, transactions. The strategy is designed to capture performance through equity exposure rather than direct cryptocurrency ownership.

The filing named several examples of companies that have adopted treasury strategies, including MicroStrategy, Upexi, Bitmine Immersion, SharpLink...