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Davinci Jeremie, crypto influencer at https://x.com/Davincij15, highlights that Goldman Sachs has filed for a Bitcoin covered-call ETF.
He points out that while Wall Street firms once debated Bitcoin, they are now creating yield-generating products based on it. According to Jeremie, these financial instruments, previously developed quietly by Bitcoin enthusiasts, are now being packaged for mainstream investment vehicles such as 401K plans.
Jeremie has previously noted the role of Fed rate decisions in previous Bitcoin rallies, raising questions as the central bank prepares for its next move (more here). He has also described how every Bitcoin transaction is recorded on a public ledger, contrasting its transparency with cash (more details). These earlier comments provide context for his analysis of Wall Street’s growing adoption of Bitcoin-linked financial products.