Goldman filed for a $BTC income ETF in April. Never launched.
Last week? They dropped up to $2.25B to acquire NEOS Investments instead.
NEOS manages $30B across 19 options-income ETFs—including BTCI, a $1.1B Bitcoin income fund.
Goldman's options desk ran the math: build vs buy. They chose the cheque.
When tradfi giants start acquiring crypto infrastructure instead of building from scratch, that's a signal. They want exposure NOW, not in 18 months.
$BTC
Last week? They dropped up to $2.25B to acquire NEOS Investments instead.
NEOS manages $30B across 19 options-income ETFs—including BTCI, a $1.1B Bitcoin income fund.
Goldman's options desk ran the math: build vs buy. They chose the cheque.
When tradfi giants start acquiring crypto infrastructure instead of building from scratch, that's a signal. They want exposure NOW, not in 18 months.
$BTC