Goldman Sachs Files for Bitcoin ETF as Banks Expand Crypto Offerings
Goldman Sachs ($GS) has filed to launch its first cryptocurrency exchange-traded fund, aiming to provide exposure to bitcoin prices and generate income through options strategies as major banks expand their presence in digital assets.
The proposed ETF will combine bitcoin price exposure with income generated from bitcoin options transactions.
The product could launch as early as late June, though fees have not yet been disclosed.
The filing co