GSR Markets launched the BESO ETF on April 21, 2026, and it immediately created a category that did not exist five days ago. BESO holds Bitcoin, Ethereum, and Solana in a single actively managed wrapper with weekly rebalancing and built-in staking yields. It charges 1% annually, making it the most expensive of the three crypto ETFs compared here. That is four times more expensive than BlackRock’s IBIT, which holds only BTC at 0.25% and has $54 billion in assets. And it sits alongside Bitwise’s BAVA, a single-asset AVAX fund generating roughly 5.4% staking APY for investors who want concentrated Layer-1 exposure with yield.

Three ETFs, three completely different bets on how crypto should sit inside a portfolio. The right choice depends…