New Goldman Sachs Bitcoin fund is built for advisers seeking yield, not traders chasing the next rally
Goldman Sachs, the $3.5 trillion banking big, has filed to launch an actively managed exchange-traded fund (ETF) that makes use of lined calls to generate earnings from Bitcoin. The April 14 filing for the Goldman Sachs Bitcoin Premium Income ETF marks a strategic pivot for the funding financial institution, which beforehand had a hostile relationship with…
