GSR Digital Asset Treasury Companies ETF has proposed to invest at least 80% of its assets in companies that hold cryptocurrencies in their corporate treasuries, as filed with the SEC. This initiative reflects a broader trend expanding beyond Bitcoin, initially rooted in MicroStrategy's strategy in 2020, to include other cryptocurrencies such as Ethereum, Solana, and XRP. The ETF will initially hold 10-15 positions in companies listed on U.S. stock exchanges and may include private investment opportunities. GSR's proposal comes amid a rising interest in crypto treasuries. Additionally, GSR outlined plans for several other ETFs focusing on Ethereum and staking strategies, signifying its entry into the U.S. asset management market, thus diversifying its offerings after a recent funding round for a Nasdaq-traded company to bolster treasury building efforts. The move aligns with a milder SEC regulatory stance towards crypto assets, highlighted by recent approvals for other crypto funds.

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