Wealthy investors tap ETFs for three hot assets, according to Goldman Sachs

Core Insights - Wealthy investors are increasingly utilizing exchange-traded funds (ETFs) to gain exposure to commodities, cryptocurrency, and artificial intelligence [1] - Goldman Sachs' report indicates a trend where clients prefer separately managed accounts for broad exposure and ETFs for thematic investments [1] Commodities - Gold has reached a record price of $3,820.90 per ounce, marking a 45% increase this year, with further gains anticipated [3] - Goldman Sachs forecasts a 14% rise in gold prices through mid-2026, driven by strong demand from central banks and ETFs [6] - The potential government shutdown may increase interest in gold as a safe haven asset, especially as the Federal Reserve is expected to cut interest rates [7] Cryptocurrency - Bitcoin has seen fluctuations, currently around $114,000, down from its peak of $124,495.51 in August 2025 [10] - 31% of family office participants indicated they would use ETFs for cryptocurrency investments, compared to 35% opting for direct purchases [10] - The iShares Bitcoin Trust ETF (IBIT) has experienced significant growth, with assets exceeding $87 billion [10] Artificial Intelligence - 52% of family offices are investing in AI through public equities or ETFs [11] - The Roundhill Generative AI and Technology ETF and VistaShares Artificial Intelligence Supercycle ETF have seen substantial increases of 50% and 46% respectively [11]