BESO

GSR Crypto Core3 ETF

Simple, smart, and staked: your core crypto exposure

Core3 provides exposure to Bitcoin, Ethereum, and Solana, rebalanced weekly using a proprietary allocation methodology to reflect where opportunity and risk are moving, not where they were.

Assets Under Management (USD)

0.00

Net Asset Value (USD)

0.00

+1.00

(1.00%)

1-Day Price Change (USD)

0.00

+1.00

(1.00%)

Market Price (USD)

0.00

+1.00

(1.00%)

Total Expense Ratio

1.00%

Inception Date

4.22.2026

Median Bid-Ask Spread

0.00

+1.00

(1.00%)

Median 30 Day Spread is a calculation of Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

The fund does not invest directly in any digital assets.

Overview

Distributions are not guaranteed

Exposure to Bitcoin, Ethereum, and Solana

Built-in staking seeking to generate dividend yield

Weekly rebalancing based on real-time market conditions

Most crypto ETFs are Bitcoin-heavy. BESO expands exposure across multiple leading networks while maintaining simplicity

Core Objectives

The GSR Crypto Core3 ETF is built around three core objectives
1

Capture crypto's core themes

BTC as a macro asset, alongside ETH and SOL as leading Layer 1 ecosystems driving innovation across areas like stablecoins and tokenization

2

Embed yield

Staking rewards from ETH and SOL are systematically captured within the fund

3

Optimize performance

Allocations are dynamically informed by proprietary market signals

Staking is the process of putting digital assets to work on a blockchain network to receive rewards and enhance protocol security. By helping the blockchain run more smoothly and securely, rewards are earned in the native blockchain token. Potential staking rewards are earned by the Trust and not issued directly to investors.

Why Core3?

Balanced Exposure

Seeking to capture both stability (BTC) and innovation (ETH/SOL)

Potential Yield Opportunities

Staking rewards from ETH and SOL seek to enhance returns

Strategy-Driven Allocation

Dynamic weighting based on market signals

How it works
  • Single ETF exposure to three core crypto networks.

  • Provides investment exposure to Bitcoin, the largest cryptocurrency by market capitalization,
    Ethereum's smart contract ecosystem, and Solana's high-speed infrastructure.

  • Weekly rebalancing maintains research-driven, dynamic positioning.

Core3 Performance

As of 6/30/2026

Returns
Premium/Discount

Daily Portfolio Holdings

As of 04/22/2026

Ticker

Security Description

Shares

Market Value (USD)

Weight (%)

AAA

00

00

00

00

Download CSV

Details

As of 04/22/2026

Product Information

Product name

GSR Crypto Core3

Ticker

BESO

Exchange

NASDAQ

ISIN

US26923Q1435

Sponsor

GSR

Data

Listing date

April 22, 2026

Total Expense Ratio

1.00%

Assets Under Management (USD)

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Net Asset Value (USD)

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NAV Change (USD)

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Market Price (USD)

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Market Price Change (USD)

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Premium/Discount Percentage

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30-Day Median Bid Ask Spread

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Documents

SAI

Risk Disclosure

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 888-999-5958 or visit our website at gsretps.io/etf/beso. Read the prospectus or summary prospectus carefully before investing.

Investments involve risk. Principal loss is possible.

Crypto Currency Risk (Bitcoin (“BTC”), Ether (“ETH”), and Solana (“SOL”) (together, the “Reference Assets”)). The Reference Assets are relatively new innovations and are subject to unique and substantial risks. Crypto currencies are a subset of digital assets, representing blockchain-based tokens that function primarily as mediums of exchange, stores of value, or units of account, whereas digital assets more broadly include any electronically represented asset with economic value, such as tokens, stablecoins, and other distributed-ledger-based instruments.

Digital Assets/Cryptocurrency Market Volatility Risk. The prices of the Reference Assets have historically been highly volatile. The value of the Fund’s exposure to the Reference Assets—and therefore the value of an investment in the Fund—could decline significantly and without warning, including to zero.


Staking and Validator Risk. When the Fund stakes Reference Assets that utilize proof-of-stake consensus (currently, Ethereum and Solana), the assets are subject to risks attendant to staking generally, such as illiquidity, reliance on third-party service providers, slashing, missed rewards, validator problems, and errors.

Liquidity Risk. Unbonding periods for staked Reference Assets may range from several days to several weeks depending on network conditions.


Concentration Risk. The Fund’s assets will be concentrated in the sector or sectors or industry or group of industries that are assigned to the Reference Assets, which will subject the Fund to the risk that economic, political or other conditions that have a negative effect on those sectors and/or industries may negatively impact the Fund to a greater extent than if the Fund’s assets were invested in a wider variety of sectors or industries.


Foreign Securities Risk. To the extent the Fund invests in foreign securities they may be subject to additional risks not typically associated with investments in domestic securities.

Indirect Investment Risk. None of the Reference ETFs or the Reference Assets are affiliated with the Trust, the Adviser, or any affiliates thereof and is not involved with this offering in any way, and has no obligation to consider the Fund in taking any corporate actions that might affect the value of the Fund.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

Non-Diversification Risk. Because the Fund is non-diversified, it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.
Foreside Fund Services, LLC (the “Distributor”)