Goldman Sachs Deal to Acquire NEOS and Launch Bitcoin Income ETF Strategy

Goldman Sachs has agreed to acquire NEOS Investments in a deal valued at up to $2.25 billion, according to multiple reports on the transaction terms. The acquisition is positioned to bring Goldman into bitcoin income exchange-traded fund (ETF) strategies tied to NEOS’s existing crypto product line ^{[1] [2] [3]}.

The reports say the deal would give Goldman control of BTCI, a bitcoin income ETF with roughly $1.1 billion in assets that uses spot bitcoin ETPs and covered-call strategies to generate monthly distributions. Separately, coverage of the NEOS acquisition also describes NEOS as managing about $30 billion across options-based ETFs and references the addition of other crypto-focused options-income funds to Goldman’s ETF platform ^{[1] [3] [4]}.

If finalized, the NEOS buyout would expand Goldman’s ETF footprint into options-income and crypto income products, adding scale via existing assets already attributed to NEOS’s funds ^{[1] [3]}.