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GSR submitted an application to the US SEC to launch a digital asset ETF and multiple encryption funds.
According to Mars Finance, the crypto market maker GSR has submitted an application to the U.S. SEC to launch a digital asset treasury company ETF, in which at least 80% of the assets will be allocated to publicly listed companies holding crypto assets. Initially, it plans to include 10 to 15 stocks, including Strategy, Bitmine, SharpLink, and SUI Group. At the same time, GSR has also applied for four funds related to Ether staking, crypto staking, and core three assets (BTC, ETH, SOL) and Ethereum yields. Previously, the SEC has relaxed the listing standards for commodity trust funds, making the approval environment for crypto ETFs more lenient.