Techub News reports that, according to The Block, Goldman Sachs plans to launch a Bitcoin ETF called "Goldman Sachs Bitcoin Premium Income."


The ETF aims to gain Bitcoin exposure by investing in exchange-traded products that hold Bitcoin, as well as options related to these products and indices tracking their performance.

Goldman Sachs stated in the filing: "Since the value of the spot Bitcoin ETP fluctuates with Bitcoin prices, this fund will benefit from the price returns of the spot Bitcoin ETP it invests in."
According to the prospectus, the Bitcoin ETF proposed by Goldman Sachs will also generate income by selling call options on Bitcoin ETPs and collecting premiums.
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