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GSR submitted an application to the SEC, proposing to launch a digital asset treasury company ETF and multiple encryption funds.
Odaily News 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 assets allocated to publicly traded companies that hold crypto assets, initially including 10 to 15 stocks, such as Strategy, Bitmine, SharpLink, and SUI Group. Meanwhile, GSR has also applied for Ethereum staking, crypto staking, core three assets (BTC, ETH, SOL), and four funds related to Ethereum earnings. Previously, the SEC had relaxed the listing standards for commodity trust funds, making the approval environment for crypto ETFs more lenient. (Decrypt)