World · Institutional · United States ·
Goldman Sachs acquires NEOS for $2.25B, adds Bitcoin and Ethereum income ETFs
Goldman Sachs agreed to acquire ETF manager NEOS in a $2.25 billion deal, bringing $30 billion in ETF assets including Bitcoin- and Ether-linked income funds into Goldman Sachs Asset Management. The deal expands Goldman's ETF platform to $130 billion in total assets.
Why it matters for the crypto market
Major Wall Street institution's significant expansion into crypto ETF products signals growing institutional acceptance and competition in digital asset investment vehicles.
Source: CoinDesk
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Part of CryptoArrow World, a running map of how crypto's real-world access is widening or narrowing. Every signal, archived. Informational publication, not investment advice.