Goldman Sachs Adds Bitcoin Income ETF Through NEOS Deal

TLDR Goldman Sachs agreed to acquire NEOS Investments in a deal valued at up to $2.25 billion. The acquisition gives Goldman access to BTCI, a bitcoin income ETF with about $1.1 billion in assets. BTCI uses spot bitcoin ETPs and covered-call strategies to generate monthly distributions for investors. NEOS manages about $30 billion across 19 [...]

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