Two of the largest banks on earth are now racing to sell Bitcoin to your pension fund

Two of the largest global banks are now positioned to offer Bitcoin exposure to institutional and retail investors through regulated fund structures. Goldman Sachs filed Form 485APOS with the SEC for its first Bitcoin ETF, marking a reversal from its 2017 stance when it dismissed Bitcoin as a fraud. The new fund combines spot Bitcoin exposure with a covered-call strategy designed to generate yield. The move follows Morgan Stanley’s launch of its own Bitcoin ETF, MSBT, just one week earlier. Goldman’s ETF could become available by the end of June 2026, pending regulatory approval.