News Explorer — Goldman Sachs Applies for Bitcoin ETF Selling Options to Generate Income for Investors

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Apr 14, 4:32 pm

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Goldman Sachs Applies for Bitcoin ETF Selling Options to Generate Income for Investors

Goldman Sachs has filed for an ETF that sells options tied to Bitcoin's price to generate income for investors. The fund will allocate 80% of assets to Bitcoin exposure through ETFs and derivatives, using a subsidiary in the Cayman Islands to manage regulatory limitations.

Goldman Sachs has filed for an ETF that sells options tied to Bitcoin's price to generate income for investors. The fund will allocate 80% of assets to Bitcoin exposure through ETFs and derivatives, using a subsidiary in the Cayman Islands to manage regulatory limitations.

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