Goldman Sachs Acquires NEOS Investments for Crypto ETF Assets

Goldman Sachs has agreed to purchase NEOS Investments in an all-cash deal worth up to $2.25 billion.

The acquisition will give Goldman control over 19 cryptocurrency exchange-traded funds (ETFs) linked to Bitcoin and Ethereum, with a combined asset value of around $30 billion in products such as the Bitcoin High Income ETF and Boosted Bitcoin High Income ETF.

The deal is expected to close in the first quarter of 2027, pending regulatory approval. Upon completion, Goldman's total assets under management are projected to exceed $130 billion.