The deal adds $30 billion in options-based income ETFs, including a $1 billion Bitcoin covered-call fund, accelerating Goldman’s crypto ETF ambitions.
Goldman Sachs will acquire NEOS Investments for up to $2.25 billion, gaining control of $30 billion in options-based income ETFs. The purchase includes NEOS’s Bitcoin covered-call fund, BTCI, which holds roughly $1 billion in assets.
The deal bypasses Goldman’s April filing for a Bitcoin Premium ETF, offering a faster route into crypto income funds. Derivative-income ETFs have surged, with $180 billion in assets and over 70% annual growth since 2021, per Morningstar.
Regulatory approval is pending, with the transaction expected to close in Q1 2027. The acquisition strengthens Goldman’s position in a rapidly expanding segment of the ETF market.