TechFlow, December 2 - According to CoinDesk, Goldman Sachs has acquired exchange-traded fund issuer Innovator Capital Management for approximately $2 billion.
Although the announcement did not directly mention crypto, the market widely views this move as expanding its footprint in the digital asset space. Goldman Sachs is already an authorized participant for several spot Bitcoin ETFs—including those from BlackRock and Grayscale—handling their daily creation and redemption processes. Innovator also offers structured Bitcoin products such as QBF, providing risk-buffered exposure. Industry insiders note that this acquisition not only grants Goldman Sachs ETF manufacturing capabilities but also opens compliant distribution channels for Bitcoin-related products through private banking, advisory, and wealth platforms—markets that are difficult for native crypto firms to access.
