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Goldman Sachs invested $2 billion in the acquisition of Innovator, adding a Bitcoin-linked ETF to its product line.
Goldman Sachs has agreed to an acquisition of Innovator Capital Management for approximately $2 billion, incorporating this institution that issues "defined outcome" exchange-traded funds (ETFs) into its asset management portfolio, which includes a structured fund for Bitcoin.
The transaction is expected to be completed in the second quarter of 2026, adding approximately $28 billion in regulated assets to Goldman Sachs Asset Management.