Gotrade News – Goldman Sachs (GS) filed with the SEC on Tuesday, April 15, to launch a Bitcoin Premium Income ETF, its first bitcoin-linked exchange-traded fund. The filing arrives one week after Morgan Stanley launched the Morgan Stanley Bitcoin Trust, intensifying competition among Wall Street’s largest institutions for crypto market share.
The broader crypto ecosystem is gaining institutional momentum on multiple fronts simultaneously. The IMF warned that global public debt is on track to reach 100% of world GDP by 2029, while Societe Generale expanded stablecoin access through a new partnership with ConsenSys.
Key Takeaways:
- Goldman Sachs’ Bitcoin Premium Income ETF will use a covered-call strategy on spot Bitcoin ETFs, covering…
