Goldman Sachs filed for a Bitcoin Premium Income ETF that would apply its covered call income strategy to bitcoin, mirroring its existing S&P 500 and Nasdaq-100 income funds.

Goldman Sachs filed a preliminary prospectus with the U.S. Securities and Exchange Commission on April 14, 2026, for a new Goldman Sachs Bitcoin Premium Income ETF, extending the firm’s covered call income strategy to bitcoin for the first time.

The filing, submitted as a Form 485APOS post-effective amendment under the Goldman Sachs ETF Trust, is preliminary, with both the fund’s ticker symbol and share price listed as undetermined.

The fund follows the same income-generation model as Goldman’s existing premium income ETFs: GPIX, which pairs S&P 500 equity exposure with written call options and carries a roughly 8% annual yield, and GPIQ, which applies the same approach to the Nasdaq-100. 

Under that strategy, Goldman’s asset management arm sells call options on 25% to 75% of a portfolio’s market value under normal market conditions, distributing the collected premiums to investors as monthly income.

This story is an excerpt from the Unchained Daily newsletter.

Applied to bitcoin, the structure would allow investors to collect option premium income while holding exposure to the underlying asset, trading away some of bitcoin’s upside potential in exchange for yield.

Bloomberg ETF analyst Eric Balchunas flagged the filing on X, drawing attention to what would be a notable product expansion for a firm that manages $3.5 trillion in assets under supervision.

Goldman’s commitment to the bitcoin market has accelerated sharply. The bank accumulated more than $1.1 billion in BlackRock’s iShares Bitcoin Trust (IBIT) by early 2026, making it one of the largest known international holders of the fund, and in December 2025 agreed to acquire defined-outcome ETF issuer Innovator Capital Management for roughly $2 billion to expand its structured product lineup.

As of April 14, the fund has not received SEC approval and no launch date has been announced.

The filing signals Goldman’s intention to compete in a growing market for bitcoin income products, alongside existing funds such as the NEOS Bitcoin High Income ETF (BTCI), which uses a comparable options overlay approach.