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(Bloomberg) — Goldman Sachs Group Inc. this week became the latest major Wall Street firm to file for a Bitcoin ETF — joining Morgan Stanley, BlackRock Inc. and a growing roster of institutions racing to package cryptocurrencies for mainstream investors. 

Goldman’s twist: a product that generates monthly income by selling options, offering cautious investors a yield in exchange for capped upside during rallies.

The asset-management arm of the New York-based bank submitted paperwork to the US Securities and Exchange Commission for the Goldman Sachs Bitcoin Premium Income ETF, marking its first direct push into…