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BESO

GradeDNASDAQ Global Market

GSR Crypto Core3 ETF

Crypto · GSR · Inception 2026-04-22

$36.13−0.94 (−2.53%)

As of Sep 23, 2026, 1:52 PM EDT

History starts Apr 22, 2026.History starts Apr 22, 2026.History starts Apr 22, 2026.
Intraday session: down, 11 prints from 37.07 to 36.13. Range 36.02 to 36.78. Use the arrow keys to read each point.$36.00$36.40$36.60$36.8010 AM12 PM2 PM4 PM
Expense ratio
1.00%
Fund size
$12M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$37.19
52W range
low $21.50high $37.19

The ETF.net BESO Grade

D

38/ 100

Rank 9 of 10 in Spot Crypto Basket⁠

Confidence Medium

Six-pillar profile for BESO. Scores out of 100: Cost 6, Risk 94, Mission not scored, Tradability 48, Holdings 59, Durability 36. Strongest: Risk (94). Weakest: Cost (6). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 38 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 6
    Category rank10/10 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 94
    Category rank1/9 · top 11%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 48
    Category rank6/10 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 59
    Category rank2/4 · top 50%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 36
    Category rank9/10 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on BESO

ETF.net Research

DThree coins, one ticker. BESO holds Bitcoin, Ethereum and Solana inside a 1940 Act fund whose stated goal pairs capital appreciation with current income, while much of the field tracks broader crypto indexes.

Stated mandate

The Fund seeks capital appreciation and current income.

Why people hold it

  1. 01The roster stops at Bitcoin, Ethereum and Solana. No long tail of micro-cap tokens riding along, so you always know exactly which three chains you own.
  2. 02The stated objective is capital appreciation and current income, a second job most crypto baskets don't take on.
  3. 03Comes in a 1940 Act registered-fund wrapper, the same structure behind conventional stock and bond ETFs, bought in a brokerage account with no wallets or keys.

Worth knowing

  1. 01At 1.00% a year it sits at the pricier end of the crypto-basket shelf: EZPZ charges nothing and NCIQ 0.25%.
  2. 02A 2026 launch, still small and thinly traded, which usually means wider bid-ask spreads than the category's household names.
  3. 03The income half of the mandate has no set payout schedule behind it yet, so treat distributions as a possibility rather than a feature.

BESO Holdings

As of Sep 20, 2026, 10:19 AM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
BTC56.6%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001BTCGrayscale Bitcoin Mini Trust ETF56.65%183,600$7M6
002BSOLBitwise Solana Staking ETF24.19%178,969$3M4
003ETHBiShares Staked Ethereum Trust ETF18.31%62,750$2M1
004—First American Government Obligations Fund 12/01/20310.90%104,539$105K625

Showing 1–4 of 4 holdings

BESO Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BESO$15,170
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. BESO $15,170. SPY $10,415. Use the arrow keys to read each point.$8,597$12,152$15,707Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BESO. Periods over one year show the average yearly return.
PeriodBESO
Year to dateFund launched this year—
1 month+18.0%
3 months+51.7%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BESO
YearReturn barBESO
2026 YTD+42.4%

Since listing, Apr 22, 2026

BESO in the news

ETF.net Research hasn’t filed on BESO yet — coverage lands here as it’s written.

BESO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Apr 2026. No distributions yet.

BESO Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
−1.55
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BESO Cost

Expense ratio1.00%
  • The middle half of Spot Crypto Basket funds
  • Median 0.58%

Every other Spot Crypto Basket fund charges less.

BESO costs $100.00 a year on $10,000. The median Spot Crypto Basket fund costs $58.50.