Goldman Sachs will get the BTCI on Neos

Bloomberg ETF analyst Eric Balchunas wrote on X platform that Goldman Sachs would get BTCI in Neos transactions. BTCI is an ETF of a $1 billion bitcoin premium, with a return of 27 per cent, which captures most, but not all, of the bitcoin. He said that this made it clear why Goldman Sachs had never introduced a bitcoin reserve to see an increase in the option product, which had been submitted several months earlier; it would have been better to go beyond BlackRock ' s BITA than to introduce the same product。