Another Wall Street Pivot: Goldman Sachs To Acquire Bitcoin ETF Issuer Innovator Capital In $2 Billion Deal

In another (bold) move towards institutional acceptance of digital assets (during an obviously turbulent phase), Goldman Sachs has announced a $2 billion acquisition of Innovator Capital Management. What does this move mean? It will essentially help the Wall Street giant expand its presence in the crypto ETF market. In a 1 December 2025 announcement, Goldman Sachs said that the acquisition will add $28 billion in assets under supervision (AUS) to Goldman Sachs Asset Management’s broad range of custom port ...