Goldman Sachs Bets $2.25B on Bitcoin and Ethereum Income ETFs With Neos Deal

Goldman Sachs announced an agreement to acquire Neos Investments for up to $2.25 billion, a move that would expand its crypto-linked asset-management lineup through three income-focused Bitcoin and Ethereum ETFs. The deal adds BTCI, XBCI, and NEHI, which use crypto-linked products and options strategies to generate monthly income rather than holding BTC or ETH directly. BTCI has already crossed $1 billion in net assets, underscoring investor demand for yield-oriented crypto exposure. The acquisition, expected to close in Q1 2027 pending regulatory approval, signals growing institutional appetite for active ETF structures tied to digital assets and could boost broader adoption of regulated crypto investment products.