- Goldman Sachs has agreed to acquire ETF manager NEOS Investments for up to $2.25 billion, adding its Bitcoin– and Ether-linked income funds.
- NEOS manages $30 billion across 19 options-based income ETFs, including the Bitcoin High Income ETF (BTCI) and Ethereum High Income ETF (NEHI).
- The acquisition is expected to close in the first quarter of 2027, subject to regulatory approval, with NEOS co-founders and team joining Goldman Sachs Asset Management.
Goldman Sachs has agreed to acquire exchange-traded fund manager NEOS Investments for up to $2.25 billion, a deal that would add the firm’s Bitcoin- and Ether-linked funds to its growing ETF business. The acquisition is expected to close in the first quarter of 2027, subject to regulatory approval.
NEOS manages $30 billion across 19 options-based income ETFs, including the Bitcoin High Income ETF (BTCI), Boosted Bitcoin High Income ETF (XBCI) and Ethereum High Income ETF (NEHI). These crypto funds use options-based strategies designed to generate monthly income alongside exposure to Bitcoin (BTC) or Ether (ETH).
Consequently, the deal would integrate these products directly into Goldman Sachs Asset Management. Meanwhile, NEOS co-founders Troy Cates and Garrett Paolella, along with the firm’s broader team, are set to join Goldman Sachs.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- SEC innovation exemption allows 24/7 tokenized stock trading
- Coldcard Hack Drives $15B Bitcoin Exodus to Safer Wallets
- Crypto OG Tone Vays admits ‘idiot’ move giving hackers PC access
- Bitcoin dips below $63.5K despite US CPI matching expectations
- Chrome Store Hit: 737 Fake VPN Extensions Target Russian Users
