Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout

CryptoInfo Editorial Team · Published on August 12, 2026 at 17:21 · Updated on August 12, 2026 · 1 min read

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Key Takeaways

→Goldman Sachs has acquired NEOS in a $2.25 billion deal
→The deal expands Goldman Sachs' derivative platform to $130 billion in total ETF assets
→The move is seen as a challenge to BlackRock's BITA fund

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Goldman Sachs has acquired NEOS in a $2.25 billion deal, expanding its derivative platform to $130 billion in total ETF assets. This move is seen as a direct challenge to BlackRock's rival BITA fund, according to an analyst.

The acquisition is a significant step for Goldman Sachs, as it looks to grow its presence in the bitcoin income ETF market. With this deal, Goldman Sachs is taking aim at a major competitor in the space.

This is based on reporting from CoinDesk.

Source: CoinDesk ↗

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