Goldman Sachs is acquiring NEOS Investments for up to $𝟮.𝟮𝟱𝗕, picking up the $𝟭.𝟭𝗕 𝗕𝗧𝗖𝗜 Bitcoin income ETF and going head-to-head with BlackRock's BITA. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Wall Street is moving beyond custody and spot ETFs into structured BTC yield products. Two of the largest asset managers globally are now positioned to distribute BTC-yield products through retail and advisory channels — a structural demand signal that deepens institutional BTC infrastructure. For BTC, the BTCI fund uses an options overlay to generate income on Bitcoin holdings, meaning the fund holds spot BTC and sells options against it. That adds a derivatives demand layer alongside the spot exposure — Goldman distributing this at scale creates sustained underlying BTC buying pressure. source: CoinDesk Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=1925(Hupzy (Spot On Chain))