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Goldman Sachs to Acquire Bitcoin ETF Issuer Innovator in $2B Deal
Yahoo Finance· 2025-12-02 10:46
Goldman Sachs has agreed to acquire Innovator Capital Management for about $2 billion, bringing a provider of defined-outcome exchange-traded funds, including a Bitcoin-linked product, into the bank’s asset-management unit. Key Takeaways: Goldman Sachs is buying Innovator to expand its Bitcoin-linked and defined-outcome ETFs. The deal adds about $28 billion to Goldman’s asset-management business. Goldman continues to deepen its crypto push across ETFs and tokenized funds. The deal, expected to clo ...