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Crypto

GSR lists BESO active ETF linked to bitcoin, ethereum and solana on Nasdaq

Trading firm GSR listed an active cryptocurrency exchange-traded fund on Nasdaq that holds bitcoin, ethereum and solana. The fund trades under the ticker BESO and is designed to provide access to staking reward income, a first for a U.S. active multi-asset ETF, according to CoinPost. GSR said it will rebalance the portfolio weekly using its trading and risk management experience. The annual management fee is 1 percent.

AI & Enterprise

Pumgo builds Jeju fulfillment center, launches next-day delivery beta

Dohands, which operates the fulfillment service Pumgo, said on Wednesday it has built a fulfillment center on Jeju Island and launched a beta “Jeju Next-Day Delivery” service. The service is designed to let Jeju residents receive orders the same day or the next day, cutting delivery time by up to 3 days versus mainland shipping. A pilot showed next-day delivery rates rising from 0.5 percent to 44 percent, it said.