Goldman Sachs to gain $1B BTCI through planned Neos acquisition

Goldman Sachs is set to gain BTCI, the roughly $1 billion NEOS Bitcoin High Income ETF, through its planned acquisition of options-based ETF manager Neos, Bloomberg ETF analyst Eric Balchunas said. Balchunas added, "now I get why Goldman didn’t launch the Bitcoin covered call product it filed for a few months ago." The Bitcoin High Income ETF, the Boosted Bitcoin High Income ETF and the Ethereum High Income ETF are expected to be added to Goldman Sachs, with the acquisition expected to close in the first quarter of 2027.