Bitcoin
Why Bitcoin is up 1.2% in the last hour
Analysis
Bitcoin rose about 1.2% over the past hour as traders reacted to ETF-related headlines, including GSR’s launch of the BESO basket ETF with exposure to Bitcoin alongside Ethereum and Solana, which can be read as supportive for near-term demand sentiment. Decrypt and AMBCrypto both highlighted the Nasdaq-listed, actively managed structure, helping reinforce the bullish tone despite CoinDesk noting macro caution around inflation risks that could cap momentum.
Contributing Factors (3)
Bitcoin's bullish momentum runs into Pentagon-backed inflation warning
What you need to know for April 23, 2026
GSR launches BESO ETF with Bitcoin, Ethereum, Solana exposure – Details
Will the GSR Crypto Core3 ETF launch add additional pressure to Spot ETFs?
GSR Launches Actively Managed Bitcoin, Ethereum and Solana Basket ETF on Nasdaq
Crypto market maker GSR has launched an actively managed ETF on the Nasdaq that includes Bitcoin, Ethereum, and Solana.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.