GSR Launches First Crypto ETF With Bitcoin, Ethereum and Solana on Nasdaq
CoinCentral·60-word summary·1 min read
GSR launched its first crypto ETF, GSR Crypto Core3 (BESO), on Nasdaq on April 23, 2026. The fund holds Bitcoin, Ether, and Solana, rebalancing weekly based on research signals and earning staking rewards. It charges a 1% management fee, offering an actively managed strategy for investors seeking diversified exposure to major cryptocurrencies.
Bitcoin's traditional four-year cycle may no longer apply, according to analyst Matt Crosby, as over 95% of the 21 million BTC supply has been issued, reducing halving impacts. Crosby argues that structural shifts in supply, institutional demand, and macro liquidity now influence market behavior more than the old halving-driven pattern. He suggests Bitcoin could be entering a new trading regime, making previous cycle expectations less relevant.
Crypto billionaire Justin Sun filed a lawsuit in California federal court against World Liberty Financial on April 23, 2026, alleging the company wrongfully froze his tokens and stripped his governance rights. Sun claims the move violated his legal rights, prompting the legal action. The case highlights ongoing disputes over token control and governance in the crypto industry.
GraniteShares launches 3x leveraged XRP ETFs amid $55 million inflow, signaling strong institutional interest. The move could increase market volatility, with regulatory clarity and investor confidence being key for XRP's future. The ETF launch aims to capitalize on XRP's recent price movements, potentially attracting more traders and boosting liquidity in the digital asset.
The Israel Supreme Court chaos has increased political instability, intensifying pressure on Prime Minister Benjamin Netanyahu. The turmoil comes amid ongoing inquiries and demands for accountability, raising concerns about potential impacts on his leadership. The situation reflects broader tensions within Israel's judicial and political systems, with no clear resolution in sight as of April 2026.
On April 21, 2026, Justin Sun filed a lawsuit in California against World Liberty Financial, claiming WLFI unlawfully froze $107 million of his tokens. Meanwhile, Bitcoin surpassed $78,000, and discussions about the best cryptocurrencies to buy intensified as Pepeto neared a Binance listing. The industry also shifted focus toward more audited and transparent projects amid ongoing legal and market developments.
Canary Capital filed an S-1 with the SEC for a PEPE spot ETF, aiming to track PEPE with 5% ETH fees. Over the past 30 days, PEPE has gained 6.06%, ranking 45th. ETF flows are positive, with Bitcoin adding $335 million and Ethereum $96 million. The move signals growing institutional interest in meme tokens.