According to Deep Tide TechFlow news on December 2, as reported by CoinDesk, Goldman Sachs is acquiring the exchange-traded fund issuer Innovator Capital Management for approximately $2 billion.
Although the statement did not directly mention cryptocurrency, the market generally believes that this move will expand its layout in the digital asset field. Goldman Sachs is currently an authorized participant for multiple Bitcoin spot ETFs (including BlackRock and Grayscale), handling daily subscriptions and redemptions for them; meanwhile, Innovator has also launched structured Bitcoin products like QBF, providing risk-buffered exposure. Industry insiders point out that this acquisition not only allows Goldman Sachs to gain ETF manufacturing capabilities but also opens up compliant channels for distributing Bitcoin-related products in private banking, investment advisory, and wealth platforms, which is a market difficult for crypto-native institutions to reach.
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Goldman Sachs' $2 billion acquisition of ETF issuer Innovator Capital may expand its presence in the digital asset space.
According to Deep Tide TechFlow news on December 2, as reported by CoinDesk, Goldman Sachs is acquiring the exchange-traded fund issuer Innovator Capital Management for approximately $2 billion.
Although the statement did not directly mention cryptocurrency, the market generally believes that this move will expand its layout in the digital asset field. Goldman Sachs is currently an authorized participant for multiple Bitcoin spot ETFs (including BlackRock and Grayscale), handling daily subscriptions and redemptions for them; meanwhile, Innovator has also launched structured Bitcoin products like QBF, providing risk-buffered exposure. Industry insiders point out that this acquisition not only allows Goldman Sachs to gain ETF manufacturing capabilities but also opens up compliant channels for distributing Bitcoin-related products in private banking, investment advisory, and wealth platforms, which is a market difficult for crypto-native institutions to reach.