Goldman Sachs Makes a Big Crypto Move — $2 Billion Deal Locked In
Goldman Sachs has officially stepped deeper into the crypto world with a massive $2 billion acquisition of Innovator Capital Management. This deal will boost Goldman’s ETF lineup, including crypto-linked “defined-outcome” funds that help investors limit losses while capturing potential gains.
Innovator’s Bitcoin-based QBF ETF, launched earlier this year, is designed to track Bitcoin’s upside with smart loss control — a feature that has already caught global investor attention.
Over the last few years, Goldman Sachs has completely shifted its stance on crypto. The bank has poured billions into Bitcoin ETFs and expanded its exposure to Ethereum products as well. Now, with this new acquisition, Goldman is gearing up to launch tokenized financial products and give institutions faster, blockchain-powered settlement options.
