Bitcoin Institutional Boom: Goldman Buys NEOS; Swiss Bank Holds Millions in MSTR

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Goldman Sachs, America’s fifth-largest banking institution by total assets ($751.7 billion), has officially acquired NEOS Investments and its Bitcoin High Income ETF (BTCI) worth $1.1 billion. Goldman Sachs’ new Bitcoin ETF product Announced on August 12, the $2.25 billion deal gives Goldman Sachs a prominent position in the crypto ETF industry without having to launch …