What Is Goldman Actually Getting From the NEOS Deal?
BTCI, launched in October 2024, is the largest with over $1 billion in net assets. XBCI has roughly $111 million and NEHI has over $77 million, according to The Block.
NEOS manages $30 billion across 19 options-based income ETFs in total.
Combined with Goldman’s existing ETF business and its earlier acquisition of Innovator Capital Management, the deal makes Goldman the eighth-largest active ETF provider with $130 billion in global ETF assets.
Why Does the BlackRock Angle Matter?
Bloomberg senior ETF analyst Eric Balchunas flagged on X that the NEOS deal may explain why Goldman never launched the Bitcoin Premium Income ETF it filed for in April.
BTCI could help Goldman leapfrog BlackRock’s iShares Bitcoin Premium Income ETF (NASDAQ:BITA), which launched in June and currently holds about $59 million in net assets, according to The Block.
Goldman has not confirmed whether the NEOS deal changes its plans for the filed fund.





