Wall Street Could Get an ETF for Crypto Treasury Firms
Wall Street could soon be getting a new exchange-traded fund that bundles up crypto treasury companies, alongside four other funds from crypto trading and market-making firm GSR.
The company is looking to launch the GSR Digital Asset Treasury Companies ETF, according to a regulatory filing on Wednesday, which would invest in public companies such as the Bitcoin (BTC) buying Strategy or the Ether (ETH) holding BitMine Immersion Technologies.
The filing, GSR’s first-ever foray into ETFs, also lists four other funds involving ETH and crypto staking, with one that looks to bundle and track the price of Bitcoin, Ether and Solana (SOL).
Crypto treasury companies buy and hold crypto for the long term, which has become a popular move due to…
