GSR submitted an application to the U.S. SEC to launch a digital asset treasury company ETF and multiple cryptocurrency funds

the crypto market maker GSR has submitted an application to the U.S. SEC, planning to launch a digital asset treasury company ETF, with at least 80% of its assets allocated to publicly traded companies holding cryptocurrencies. Initially, it plans to include 10 to 15 stocks, such as Strategy, Bitmine, SharpLink, and SUI Group. At the same time, GSR has also applied for four funds related to Ethereum staking, crypto staking, core three assets (BTC, ETH, SOL), and Ethereum yield.

Previously, the SEC has relaxed the listing standards for commodity trust funds, making the approval environment for crypto ETFs more lenient.