
🏦 @GoldmanSachs is set to acquire ETF provider @NEOSInvestments in a deal valued at up to $2.25B in cash and equity, gaining control of $30B in assets across 19 options-based income ETFs. The acquisition includes the NEOS BTCI — a $1B #Bitcoin premium income ETF yielding 27% that uses covered-call options to generate monthly income while capturing most of $BTC's upside. "Now I get why GS never launched the BTC covered call product they filed months ago. Better to leap frog BlackRock's $BITA vs me too," noted Bloomberg ETF analyst @EricBalchunas. The deal is expected to close in Q1 2027.
