As per Chainthink, Goldman Sachs has announced a $2 billion acquisition of ETF issuer Innovator Capital. Although the statement did not directly mention crypto, the move is widely seen as a step to expand its presence in the digital asset space. Goldman is already an authorized participant for several Bitcoin spot ETFs, including BlackRock and Grayscale, handling daily redemptions. Innovator also offers structured Bitcoin products like QBF, which provide risk-mitigated exposure. Industry insiders noted that the acquisition grants Goldman the capability to create ETFs and opens compliant distribution channels for Bitcoin-related products through its private banking, advisory, and wealth platforms, a market that native crypto institutions struggle to access.
Goldman Sachs Announces $2 Billion Acquisition of ETF Issuer Innovator Capital
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