What this ETF is trying to do

The GSR Crypto Core3 ETF (BESO) is a crypto-related fund. This means it invests in assets tied to the cryptocurrency market. Instead of buying coins directly, this ETF holds other funds and assets to give investors exposure to the crypto world.

What the numbers show

As of October 2, 2026, the share price for BESO was $36.62.

Currently, there is no data available for the year-to-date, one-year, or three-year price and total returns. Because there is not enough verified price history, an erosion-risk score has not been provided.

Portfolio Exposure

The fund holds a total of 8 holdings. As of October 7, 2026, the top holdings include:

• REX-OSPREY SOL & STAKING ETF: 21.43%

• FIRST AMERICAN GOVERNMENT OBLIGS X: 20.81%

• BITWISE SOLANA STAKING ETF: 16.52%

• PROSHARES ULTRA ETHER ETF: 9.88%

• PROSHARES ULTRA BITCOIN ETF: 4.04%

• PROSHARES BITCOIN ETF: 3.98%

• T-REX 2X LONG ETHER DAILY TARGET ETF: 3.88%

• T-REX 2X LONG BITCN DLY TRGT ETF: 3.00%

Please keep in mind that these holdings can change over time.

Income and distribution explanation

This ETF does not currently pay out cash to investors. The distribution yield is 0%, and no distributions have been detected in the last 12 months. Because it does not provide regular income, it has an income rating grade of "F."

NAV Erosion Explanation

"NAV erosion" happens when the net asset value (the actual value of the fund's underlying assets) declines over time. This is different from a simple drop in share price. For this ETF, the severe erosion-risk flag is false, meaning the specific warning triggers for price deterioration were not met. However, as mentioned before, a full erosion score is not available due to a lack of price history.

Pros

• Provides a way to invest in various crypto-related assets, including Bitcoin, Ether, and Solana, through a single ETF.

• Does not currently have a severe erosion-risk flag.

Cons

• Does not provide any cash distributions or income for investors.

• There is currently no available performance data for the short or long term.

Beginner takeaway

BESO is a crypto-focused fund that holds other crypto ETFs and government obligations. It is not designed for investors seeking regular income, as it pays no distributions. Because it lacks a long price history, there is limited data to show how the fund has performed over time.