Goldman Sachs has acquired Innovator for $2 billion, adding a Bitcoin-linked ETF to its product line.

Odaily reports that Goldman Sachs has agreed to acquire Innovator Capital Management for approximately $2 billion, adding the firm, which issues "defined income" exchange-traded funds (ETFs), to its asset management portfolio, including a Bitcoin structured fund. The transaction is expected to close in the second quarter of 2026, adding approximately $28 billion in regulated assets to Goldman Sachs' asset management division.