GS Trade Idea: Crypto Linked Note
This message originated from outside your organization
For Institutional Investors Only
For Discussion Purposes Only
Not For Onward Distribution
For crypto exposure without full downside risk, we are now live on linking structured notes to various crypto ETPs.
The structure here is a hybrid income/growth note that has the below return if the underlier return is positive in year 1. If not, the note lives on another two years, and at maturity, an investor receives leveraged return of crypto ETP on upside, with some protection on principal on the downside.
Please reach out to the desk for more information.
| Enhanced Autocallable | |
|---|---|
| Tenor | 3 Years, Autocallable after 53w |
| Underlier | IBIT |
| Payout | Scenario One: In year one, if underlier return is positive, trade is called with +14.50% return |
Scenario 2: In year one, if underlier return is negative, the trade lives on another 2 years and an investor has 150% of the uncapped upside of crypto ETP with 15% downside protection | |
Downside Protection | 15% Hard Buffer (if underlier is down 16%, note is down 1%) |
*investor may lose principal
*returns on the note are subject to GS credit risk
* returns on the note are subject to market risk
GS FICC & Equities as of September 8, 2025. Indicative only.
GS FICC & Equities as of September 8, 2025. Indicative only.
Lindsay DiStaso
Private Investor Products Group
Goldman, Sachs & Co.
200 West Street | New York, NY 10282-2198
Mobile: 212-357-6038
E-mail: lindsay.distaso@gs.com
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