Trading firm GSR has entered the cryptocurrency ETF market with a new actively managed fund that tracks Bitcoin, Ethereum, and Solana. The BESO ETF represents a significant development in the institutional adoption of digital assets.

The launch comes as the crypto market shows signs of recovery. Bitcoin has topped ,000, with Ethereum and other major cryptocurrencies following suit. Michael Saylor, a prominent Bitcoin advocate, declared that the crypto winter is over.

In regulatory news, Tether moved to freeze million in crypto assets amid a U.S. probe, highlighting ongoing scrutiny of the stablecoin sector. Meanwhile, Belarus has outlined new regulations for crypto banks, signaling growing government interest in digital asset oversight.

Cardano founder Charles Hoskinson announced a partnership with Google on a new AI privacy blockchain called Midnight, demonstrating the continued convergence of AI and blockchain technologies.