The investment firm GSR launched this April 22, 2026, a spot exchange-traded fund (ETF) in the United States that offers exposure to bitcoin (BTC), ether (ETH) and solana (SOL).
The product is called GSR Crypto Core3 ETF and listed on Nasdaq under the ticker KISS. In this case, Framework Digital Advisors acts as the fund’s investment advisor.
As CriptoNoticias has reported, ETFs are financial instruments that are listed on the stock exchange and allow investors to obtain exposure to certain assets without having to purchase or custody them directly.
The distinctive feature of this instrument is that it does not function as a passive ETF with a fixed allocation. On the contrary, it is actively managed: rebalances your portfolio weekly based on market signals and can also generate additional returns through staking.
The company maintains that the vehicle seeks to respond to the demand for regulated and liquid access to digital assets, both for institutional and retail investors.
However, the product opens a point of debate in the market: its commission. The ETF charges 1% per year for management, a level that is well above other digital asset funds, especially those with a passive strategy.
For example, Morgan Stanley’s MSBT fund has a commission of just 0.14%, one of the lowest in the market for a spot bitcoin ETF, as reported by CriptoNoticias. Even BlackRock’s iShares Bitcoin Trust (IBIT), the largest fund in the sector, charges 0.25%.
The key will be to see if the combination of diversification, active management and staking manages to attract sufficient demand in the face of an increasingly broad supply.