WorldPingBitcoin Magazine Goldman Sachs to Acquire NEOS Investments in $2.25B Deal, Adding Bitcoin Income ETFs to Lineup The deal gives the bank a ready-made foothold in Bitcoin-income ETFs space. This post Goldman Sachs to Acquire NEOS Investments in $2.
This is a short WorldPing brief. The full report was published by Bitcoin Magazine.
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WorldPingThe cash-and-equity deal for the options-income specialist folds in NEOS's roughly $1 billion Bitcoin covered-call fund, giving Goldman instant scale in a crypto ETF niche it had only just entered on paper.
Brief by WorldPing · Original reporting by Decrypt
WorldPingThe $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according to an analyst.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingNeos Investments offers the Bitcoin High Income ETF, Boosted Bitcoin High Income ETF and Ethereum High Income ETF.
Brief by WorldPing · Original reporting by The Block
WorldPingThe deal would add NEOS’ $30 billion ETF business, including Bitcoin- and Ether-linked income funds, to Goldman Sachs Asset Management.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingBitcoin developers have finished a proposed security cleanup called BIP-54, but winning enough support to activate it may prove harder than writing the code. BIP-54, formally known as “Consensus Cleanup,” would make four narrow changes to Bitcoin’s core rules.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingPreliminary revenue reached about $79 million, yet HIVE cannot quantify the possible noncash accrual or its expected losses.
Brief by WorldPing · Original reporting by CryptoSlate
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