TREE NEWS reports: Goldman Sachs agreed to acquire NEOS Investments for up to $2.25B, adding its options-based income ETFs, including the BTCI fund that sells covered calls on Bitcoin ETFs. The deal bolsters Goldman’s options ETF business to $80B, making it the eighth largest globally. This move highlights Wall Street’s strategy of profiting from volatility without betting on price direction.
Goldman Sachs Acquires NEOS, Turns Bitcoin Volatility into Income
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