Goldman Sachs Targets Income with New Bitcoin ETF Filing

Goldman Sachs has filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin-linked exchange-traded fund designed to generate income while limiting exposure to the cryptocurrency’s volatility, according to a preliminary prospectus dated April 14. The proposed Goldman Sachs Bitcoin Premium Income ETF would aim to deliver current income alongside capital appreciation by…

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Fed Chair Nominee Kevin Warsh Discloses Vast Wealth, Investments in Polymarket and SpaceX

In brief Fed Chair nominee Kevin Warsh disclosed a net worth exceeding $100 million. His investments span crypto, tech startups, and traditional finance. Despite support, his nomination faces delays tied to a DOJ investigation of current Fed Chair Jerome Powell. President Donald Trump’s nominee to lead the Federal Reserve disclosed a vast fortune Tuesday worth…

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Prediction Market Volumes Will Hit $1 Trillion by 2030 as Sports Betting Moderates: Bernstein

In brief Bernstein analysts wrote in a Tuesday note that prediction-market volumes will reach $1 trillion by the end of the decade. They argued that institutional investors will adopt prediction markets as a way to manage risk associated with policy and political events. Currently, Polymarket and Kalshi’s platforms are dominated by sports, which respectively account…

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