Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
Goldman Sachs filed an application for an exchange-traded fund on Tuesday that aims to generate income for investors by selling options linked to Bitcoin’s price, highlighting the Wall Street firm’s gradual approach to the digital-asset market.
The Goldman Sachs Bitcoin Premium ETF would invest at least 80% of its assets in holdings designed to provide exposure to Bitcoin. That exposure would include exchange-traded funds tracking Bitcoin’s spot price, as well as derivatives tied to those products.
To generate income, the fund would sell options tied to Bitcoin ETFs. The strategy is designed to produce returns from the option premium paid by investors seeking leveraged exposure to Bitcoin.
With Goldman Sachs managing $3.65 trillion in assets (AUM), the filing represents a new entry into what Bloomberg Senior ETF Analyst Eric Balchunas called “the Bitcoin ETF game.” Balchunas said he was “shocked” by the move.
Balchunas noted that Goldman’s fund is structured around a subsidiary located in the Cayman Islands, which he said helps the firm manage regulatory limitations associated with holding commodities. He contrasted this with a similar ETF that BlackRock has filed for.
“Goldman may sense [an opportunity] to leap frog them,” Balchunas added, suggesting the ETF could debut first due to its regulatory structure.
In January, BlackRock filed an SEC registration for an iShares Bitcoin Premium Income ETF that would generate income through call options. If approved, it would compete with existing Bitcoin covered-call ETFs such as NEOS’ BTCI, which has $1 billion in AUM.
Because BlackRock’s Bitcoin premium income ETF is actively managed, the product is expected to carry a higher expense ratio than its flagship offering that tracks Bitcoin’s spot price.
Since BlackRock’s spot Bitcoin ETF launched in 2024, it has generated $63.8 billion in net inflows, according to crypto data provider CoinGlass. Morgan Stanley’s spot Bitcoin ETF debuted last week and has taken in roughly $68 million.
In February, Goldman Sachs CEO David Solomon said he holds “very little, but some” Bitcoin, describing himself as less of an investor and more of an observer of the largest digital asset.

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…