01 /
Brief
Crypto-native fund manager. Pioneered spot BTC and ETH ETFs. The next act is altcoins: GSOL and GDLC live, S-1s filed for AVAX, ADA, DOT, DOGE, BNB, and HYPE.
02 /
Snapshot
Key terms and identifiers.
- Asset classes
- Treasuries, Equities, Commodities
- Regulatory
- sec-reg-d, sec-spot-etf
- Jurisdiction
- US
03 /
Milestones
How this player got here.
- Mar 2026HYPE ETF filing
- Sep 2025Multi-asset GDLC ETP launched (BTC, ETH, XRP, SOL, ADA)
- Jul 2024Ethereum Trust converted to ETF
- Jan 2024GBTC converted to spot ETF
04 /
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
Tension
Direct competition or overlapping market position.









