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Goldman Sachs buys NEOS in $2.25 billion deal to land $1 billion bitcoin yield ETF Search / News Video Prices Research Events Data & Indices More Sponsored Search / en Sign In Sign Up Finance Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according to an analyst. By Olivier Acuna | Edited by Nikhilesh De 10 min ago 3 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Summary Show Goldman Sachs agreed to acquire NEOS Investments, the manager of the $1.1 billion BTCI bitcoin synthetic ETF, in a cash-and-equity deal valuing NEOS at up to $2.25 billion, with closing expected in early 2027 pending regulatory approval. BTCI, which does not directly hold bitcoin, uses a covered-call strategy on bitcoin ETPs to generate a yield of about 27% but has fallen roughly 43% over the past year and charges a 0.99% expense ratio. The acquisition gives Goldman a $30 billion options-based ETF platform across 19 funds and, combined with prior deals, will lift its ETF assets above $130 billion as it races rivals like BlackRock in the fast-growing derivative income ETF market. Goldman Sachs is acquiring NEOS Investments, the firm behind BTCI, a $1.1 billion bitcoin synthetic exchange-traded fund (ETF) that yields roughly 27%, according to a senior ETF analyst at Bloomberg. The acquisition deal in cash and equity puts NEOS at a valuation of up to $2.25 billion, is subject to performance targets and is expected to close during the first quarter of 2027 pending regulatory approval, Goldman Sachs said Wednesday in a statement detailing the agreement. Bu özet bilgilendirme amaçlıdır, yatırım tavsiyesi değildir. — hisseonlinebot