Goldman Sachs has announced the acquisition of ETF issuer Innovator Capital Management for $2 billion in a strategic move to bolster its asset management division. This deal aims to enhance Goldman’s offerings in the evolving world of exchange-traded funds (ETFs) and reinforces its commitment to active management in the ETF space. Innovator is known for its innovative defined outcome ETFs, which provide unique investment solutions aimed at generating returns while managing risk. The acquisition is expected to significantly strengthen Goldman’s position in the ETF market, particularly with the addition of Innovator’s Bitcoin-linked ETF and other specialized products. Analysts believe this move could be crucial for Goldman as it navigates changes in investment preferences and seeks to attract a broader range of clients.