{"id":926967,"date":"2026-08-13T19:15:19","date_gmt":"2026-08-14T00:15:19","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/08\/13\/goldman-sachs-to-acquire-etf-manager-neos-in-2-25b-deal\/"},"modified":"2026-08-13T19:15:19","modified_gmt":"2026-08-14T00:15:19","slug":"goldman-sachs-to-acquire-etf-manager-neos-in-2-25b-deal","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/08\/13\/goldman-sachs-to-acquire-etf-manager-neos-in-2-25b-deal\/","title":{"rendered":"Goldman Sachs to acquire ETF manager NEOS in $2.25B deal"},"content":{"rendered":"<div>\n<p data-testid=\"post__description\">The deal would add NEOS\u2019 $30 billion ETF business, including Bitcoin- and Ether-linked income funds, to Goldman Sachs Asset Management.\n<\/p>\n<\/div>\n<div data-testid=\"post__body\">\n<p>Goldman Sachs has agreed to acquire exchange-traded fund manager NEOS Investments for up to $2.25 billion, a deal that would add the firm\u2019s Bitcoin- and Ether-linked funds to its growing ETF business.<\/p>\n<p>NEOS manages $30 billion across 19 options-based income ETFs, including the Bitcoin High Income ETF (BTCI), Boosted Bitcoin High Income ETF (XBCI) and Ethereum High Income ETF (NEHI). The crypto funds use options-based strategies designed to generate monthly income alongside exposure to Bitcoin (BTC) or Ether (ETH).<\/p>\n<p>The acquisition is expected to close in the first quarter of 2027, subject to regulatory approval, with NEOS co-founders Troy Cates and Garrett Paolella and the firm\u2019s broader team set to join Goldman Sachs Asset Management.<\/p>\n<p>Goldman <a href=\"https:\/\/www.goldmansachs.com\/pressroom\/press-releases\/2026\/goldman-sachs-announces-agreement-to-acquire-NEOS-investments\" rel=\"nofollow noopener\" target=\"_blank\">said<\/a> the acquisition, together with its recent purchase of Innovator Capital Management, would bring its global ETF platform to about $130 billion in assets and make it the eighth-largest active ETF manager.<\/p>\n<p>Bloomberg ETF analyst Eric Balchunas described the acquisition as a \u201csemi-shock,\u201d pointing to NEOS\u2019 rapid growth since its 2022 founding and Goldman\u2019s back-to-back acquisitions of NEOS and Innovator.<\/p>\n<figure><img alt src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/screenshot-2026-08-12-at-13011-pm.png\"   width=\"896\" height=\"317\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/screenshot-2026-08-12-at-13011-pm.png\" loading=\"lazy\" decoding=\"async\"><\/figure>\n<p><em>Source: <\/em><a href=\"https:\/\/x.com\/EricBalchunas\/status\/2087511205493522621\" rel=\"nofollow noopener\" target=\"_blank\"><em>Eric Balchunas<\/em><\/a><\/p>\n<p>The deal comes after Goldman reduced its own disclosed <a href=\"https:\/\/cointelegraph.com\/news\/goldman-sachs-xrp-solana-etf-exposure-q1-2026\">crypto ETF exposure<\/a> in the first quarter, exiting XRP- and Solana-linked funds while trimming positions in Bitcoin and Ether ETFs. The bank still reported more than $700 million in Bitcoin ETF holdings at the end of the quarter.<\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/magazine\/bitcoin-will-never-fall-below-60k-again-nansen-founder\"><em><strong>Bitcoin will never fall below $60K again: Nansen founder<\/strong><\/em><\/a><\/p>\n<\/div>\n<p>Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph\u2019s <a href=\"https:\/\/cointelegraph.com\/editorial-policy\">Editorial Policy<\/a> and aims to provide accurate and timely information. Readers are encouraged to verify information independently. <\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/goldman-sachs-to-acquire-etf-manager-neos-225b-deal?utm_source=rss_feed&#038;utm_medium=rss&#038;utm_campaign=rss_partner_inbound\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Cointelegraph by Nate Kostar<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The deal would add NEOS\u2019 $30 billion ETF business, including Bitcoin- and Ether-linked income funds, to Goldman Sachs Asset Management. Goldman Sachs has agreed to acquire exchange-traded fund manager NEOS Investments for up to $2.25 billion, a deal that would add the firm\u2019s Bitcoin- and Ether-linked funds to its growing ETF business. NEOS manages $30<\/p>\n","protected":false},"author":1,"featured_media":926968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[97,98],"tags":[],"class_list":["post-926967","post","type-post","status-publish","format-standard","has-post-thumbnail","category-goldman","category-sachs"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/926967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=926967"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/926967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/926968"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=926967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=926967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=926967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}