company-logoresearch-logo
16 Apr 2026

Wall Street’s crypto presence keeps on growing

Goldman joins the BTC ETF race as a proposal to protect Bitcoin from quantum threats emerges. We discuss the ongoing wave of Wall Street crypto initiatives and the recent divergence between news flow and price action.
TWIC@2x
Preview
Goldman joins the BTC ETF race
Goldman Sachs has filed to launch a new Bitcoin-linked ETF called the Goldman Sachs Bitcoin Premium Income ETF. Instead of directly holding bitcoin like spot ETFs from firms such as BlackRock or Fidelity, the fund would invest in other bitcoin exchange-traded products, along with options tied to those products and related indices. This structure gives investors indirect exposure to bitcoin’s price movements through a layer of financial instruments rather than the asset itself.The fund is also designed to generate income by selling call options on bitcoin ETPs, collecting premiums from buyers. However, this strategy limits potential gains because if bitcoin prices rise above certain levels, losses on those options can offset profits. As a result, the ETF may appeal more to investors seeking income and moderated exposure rather than full upside participation in bitcoin’s price increases.
Quantum risks are finally addressed
Bitcoin researchers have introduced a draft proposal, BIP-361, to phase
Share this article