
Goldman Sachs drops $2.25 billion to hijack the Bitcoin yield market and leapfrog BlackRock by 19x
The acquisition brings Goldman Sachs the $30 billion NEOS ETF platforms that includes the $1.1 billion BTCI fund.
Track TradFi and crypto news, including banks, brokers, asset managers, and the convergence of legacy finance with digital assets.

The emergency intervention comes as New York targets Kalshi through gambling law and broader consumer-protection scrutiny.

About 95% of assets are invested in or committed to TRX, with nearly $230 million routed through JustLend for staking yield.

July crypto trades fell to 1.4 million and average ticket size halved, while quarterly profit rose and eToro agreed a deal to add active US stock trading.

The market values XXI at about $1.6 billion while 16,116 BTC remain pledged against nearly $487 million of convertible debt.

DEFI has lost 25% of its shares since Aug. 7 despite a broader rebound that brought $865 million into US spot Bitcoin ETFs last week.

The Truth Social parent increased its Bitcoin holdings 22% while deploying coins for yield, pledging thousands more to derivatives and financing.



