Goldman Sachs filed its first-ever Bitcoin ETF with the SEC on April 14, 2026, just two days ago. The Goldman Sachs Bitcoin Premium Income ETF would allocate at least 80% of net assets to Bitcoin-linked instruments and use a covered call strategy to generate yield for shareholders. For a bank that spent years telling clients crypto had no clear use case, that filing represents a complete reversal of institutional posture.

The man behind that reversal is David Solomon, who became Goldman’s CEO in October 2018 and spent most of his tenure publicly dismissing Bitcoin as speculative. In February 2026, he admitted for the first time that he personally owns “very little, but some” Bitcoin. Now his firm is building products around…