Goldman Sachs Files for Bitcoin ETF with SEC

BTC-0.94%
ETH-0.15%
SOL-2.76%
XRP-0.06%

Gate News message, April 14 — Goldman Sachs, the world’s seventh-largest asset manager with $3.65 trillion in assets under supervision (AUM), filed for a Bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC) on April 14. The Goldman Sachs Bitcoin Premium Income ETF will invest at least 80% of its assets in spot Bitcoin exchange-traded products (ETPs) and other Bitcoin-linked instruments, such as options and indices, rather than purchasing BTC directly. The fund will generate monthly dividends by selling Bitcoin call options.

Following the SEC’s standard 75-day review period, the ETF is expected to launch in late June 2026. The filing marks Goldman Sachs’ shift from Bitcoin product investor to issuer, further diversifying its crypto ETF portfolio, which includes Ethereum, Solana, and XRP holdings. Goldman Sachs is currently the largest holder of XRP ETFs globally. The move reflects growing institutional interest in digital asset investment products; Morgan Stanley launched the cheapest spot Bitcoin ETF in the U.S. last week, joining other major issuers including Grayscale and BlackRock.

Yesterday (April 13), spot Bitcoin ETFs recorded net outflows of $291 million, while spot Ethereum ETFs saw net inflows of $9.44 million.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments