Article Summary

**Crypto ETF Innovation: GSR Proposes Treasury-Focused Cryptocurrency Fund to SEC** Market maker GSR has submitted a groundbreaking proposal to the Securities and Exchange Commission for a novel cryptocurrency ETF that combines digital asset treasuries with traditional exchange-traded fund structures. The treasury-focused fund represents one of five innovative offerings included in GSR's comprehensive Wednesday filing, signaling a new evolution in crypto investment products. This pioneering approach could revolutionize how institutional investors access cryptocurrency markets by bridging the gap between corporate Bitcoin treasuries and mainstream ETF investing. The proposal comes amid growing institutional adoption of digital assets, with companies increasingly adding Bitcoin and other cryptocurrencies to their balance sheets as treasury reserves. GSR's multi-fund filing demonstrates the expanding sophistication of cryptocurrency financial products, potentially offering investors diversified exposure to the digital asset ecosystem through regulated investment vehicles. The treasury-focused ETF concept could attract both retail and institutional investors seeking exposure to companies holding significant cryptocurrency reserves. As regulatory clarity around cryptocurrency ETFs continues evolving, GSR's innovative proposal positions itself at the forefront of the next generation of digital asset investment products, potentially reshaping how investors access the growing crypto treasury market through traditional brokerage accounts.