The deal will give one of the largest players in traditional finance three ETFs focused on generating income from crypto assets at once. Goldman’s portfolio will include:
• Bitcoin High Income ETF (BTCI)
• Boosted Bitcoin High Income ETF (XBCI)
• Ethereum High Income ETF (NEHI)
An important nuance: these funds do not directly buy BTC and ETH. They gain exposure through exchange-traded products linked to crypto assets and use options strategies to generate monthly income.
Neos, founded in 2022, manages over $30 billion through 19 ETFs. Following the deal, Goldman Sachs will significantly strengthen its position in the rapidly growing actively managed ETF market.
The closing of the deal is expected in the first quarter of 2027, subject to regulatory approval.