{"id":24492,"date":"2026-08-15T01:54:47","date_gmt":"2026-08-15T01:54:47","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2026\/08\/15\/goldman-sachs-to-add-bitcoin-and-ethereum-etfs-through-2-25b-neos-deal\/"},"modified":"2026-08-15T01:54:47","modified_gmt":"2026-08-15T01:54:47","slug":"goldman-sachs-to-add-bitcoin-and-ethereum-etfs-through-2-25b-neos-deal","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2026\/08\/15\/goldman-sachs-to-add-bitcoin-and-ethereum-etfs-through-2-25b-neos-deal\/","title":{"rendered":"Goldman Sachs to Add Bitcoin and Ethereum ETFs Through $2.25B Neos Deal"},"content":{"rendered":"

<\/p>\n

\n

On August 12, 2026, <\/span>Goldman Sachs<\/b> announced it had reached an agreement to acquire <\/span>NEOS Investments<\/b>, a U.S. options-based income ETF provider, in a transaction valued at up to <\/span>$2.25 billion <\/b>in cash and stock. The deal will add $30 billion in active income ETF assets to Goldman Sachs Asset Management, including ETPs with exposure to Bitcoin and Ethereum. The transaction is expected to close in the first quarter of 2027, subject to regulatory approvals and customary closing conditions.<\/span><\/p>\n

\n

Today, Goldman Sachs announced an agreement to acquire @NEOSInvestments<\/a>, a specialized provider of option income ETF solutions. The deal will add $30 billion in options-based income ETFs to our active ETF franchise. Read the press release: https:\/\/t.co\/FpMRz4E9f4<\/a><\/p>\n

\u2014 Goldman Sachs (@GoldmanSachs) August 13, 2026<\/a><\/p>\n<\/blockquote>\n

Goldman Adds $30B NEOS ETF Platform<\/b><\/h2>\n

According to the <\/span>official release<\/span><\/a>, NEOS manages <\/span>$30 billion<\/b> in assets across <\/span>19 options-based income ETFs<\/b>, as of June 30, 2026. Founded in 2022, the company focuses on systematic options-based income strategies, using options to generate recurring income streams within an ETF structure.<\/span><\/p>\n

Goldman said acquiring NEOS will add these assets to Goldman Sachs Asset Management\u2019s existing $40 billion in income and outcome-oriented options-based ETF solutions. Following the combination of Goldman, NEOS, and Innovator Capital Management, Goldman\u2019s global ETF platform will have over $130 billion in assets under supervision, of which $80 billion will be active ETFs.<\/span><\/p>\n

The deal also places Goldman Sachs Asset Management among the top 8 largest active ETF managers, based on Morningstar data cited by Goldman in the announcement. This marks the next step after Goldman completed its acquisition of Innovator Capital Management in April 2026, a prominent company in the defined outcome ETF space.<\/span><\/p>\n

NEOS said its ETFs aim for monthly income, tax efficiency, and diversification through data-driven options strategies. Goldman stated these products will expand its suite of derivative ETF solutions for investors and financial advisors.<\/span><\/p>\n

Deal Terms and Closing Timeline<\/b><\/h2>\n

The transaction value announced by Goldman is up to $2.25 billion, payable in cash and stock. Payments are subject to performance conditions or service commitments.<\/span><\/p>\n

Goldman expects the deal to close in the first quarter of 2027, following regulatory approvals and customary closing conditions. Upon closing, NEOS co-founders and managing partners, <\/span>Troy Cates<\/b> and <\/span>Garrett Paolella<\/b>, will join Goldman Sachs Asset Management as partners.<\/span><\/p>\n

The entire NEOS team, including the founding, investment, and client service teams, is also expected to join Goldman Sachs Asset Management. Goldman said the agreement will expand more durable revenue streams and enhance its suite of investment solutions for retail investors, financial advisors, and institutional clients.<\/span><\/p>\n

Advisors on the deal include Goldman Sachs Global Banking & Markets, Wachtell, Lipton, Rosen & Katz, and Willkie Farr & Gallagher for Goldman. Barclays acted as exclusive financial advisor to NEOS, with Ropes & Gray acting as legal counsel.<\/span><\/p>\n

Bitcoin and Ethereum Income ETFs Enter the Mix<\/b><\/h2>\n

Among NEOS\u2019s 19 ETF portfolios are income products tied to Bitcoin and Ethereum ETPs. This aspect has drawn attention from the crypto market to the Goldman-NEOS deal, even though these funds do not hold Bitcoin or Ether directly like spot ETFs.<\/span><\/p>\n

Within NEOS\u2019s crypto-linked product suite, <\/span>BTCI<\/b> is currently the largest fund. The Bitcoin High Income ETF has approximately <\/span>$1.10 billion<\/b> in net assets, a 0.98% management fee, total annual operating expenses of 0.99%, and a distribution rate of 26.73% as of July 31, 2026, according to data published by NEOS. The fund uses Bitcoin ETPs as its core exposure and writes call options to generate income from the volatility of Bitcoin-related products.<\/span><\/p>\n

NEHI<\/b> is smaller in scale, with around <\/span>$79.5 million <\/b>in net assets, but has a higher distribution rate of 32.93%. The Ethereum High Income ETF has a 0.98% management fee and a 30-day SEC yield of 1.50%, according to NEOS\u2019s product overview. The fund does not invest directly in Ether, gaining exposure to Ethereum through ETPs and options strategies.<\/span><\/p>\n