The post Goldman Sachs Acquires Innovator ETFs in $2 Billion Deal appeared on BitcoinEthereumNews.com. Goldman Sachs is moving deeper into higher-fee ETFs with a $2 billion purchase of Innovator Capital Management, the firm behind buffer products. Goldman to Buy Innovator ETFs in $2 Billion Deal Goldman Sachs Group Inc. will pay $2 billion to acquire Innovator Capital Management, the issuer behind the “buffer” exchange-traded funds, according to Bloomberg. The deal will combine Goldman’s asset-management unit with a specialist in defined-outcome ETFs that limit downside risk while capping gains. Under the agreement, Goldman will take over more than $28 billion in assets that Innovator manages across more than 150 ETFs. These products structure returns so that investors absorb only a set portion of losses in exchange for giving up some upside, a feature that has appealed to financial advisers seeking portfolio protection for clients. The acquisition will lift Goldman Sachs Asset Management’s ETF assets from about $51 billion to $79 billion, placing the firm among the 10 largest active ETF issuers. ETF analyst Eric Balchunas noted on X that Innovator’s funds charge around 0.80% in fees, describing them as strong revenue generators in a market dominated by low-cost index products. He also said the transaction marks a milestone for Innovator co-founder Bruce Bond and helps explain Goldman’s quiet stance on ETF expansion since hiring former JPMorgan executive Bryon Lake. How Buffer ETFs Work and Why Goldman Wants Them Innovator Capital built a track record with buffer ETFs, which cap losses for a set period. These funds link returns to options contracts instead of direct stock ownership. First, the ETF buys a basket of securities. Then, it adds options to create a floor on losses. In exchange, it limits the upside. This structure gives investors predictable risk bands. Financial advisers pushed these funds into client portfolios because they reduce shock drawdowns. Markets stayed volatile for years.… The post Goldman Sachs Acquires Innovator ETFs in $2 Billion Deal appeared on BitcoinEthereumNews.com. Goldman Sachs is moving deeper into higher-fee ETFs with a $2 billion purchase of Innovator Capital Management, the firm behind buffer products. Goldman to Buy Innovator ETFs in $2 Billion Deal Goldman Sachs Group Inc. will pay $2 billion to acquire Innovator Capital Management, the issuer behind the “buffer” exchange-traded funds, according to Bloomberg. The deal will combine Goldman’s asset-management unit with a specialist in defined-outcome ETFs that limit downside risk while capping gains. Under the agreement, Goldman will take over more than $28 billion in assets that Innovator manages across more than 150 ETFs. These products structure returns so that investors absorb only a set portion of losses in exchange for giving up some upside, a feature that has appealed to financial advisers seeking portfolio protection for clients. The acquisition will lift Goldman Sachs Asset Management’s ETF assets from about $51 billion to $79 billion, placing the firm among the 10 largest active ETF issuers. ETF analyst Eric Balchunas noted on X that Innovator’s funds charge around 0.80% in fees, describing them as strong revenue generators in a market dominated by low-cost index products. He also said the transaction marks a milestone for Innovator co-founder Bruce Bond and helps explain Goldman’s quiet stance on ETF expansion since hiring former JPMorgan executive Bryon Lake. How Buffer ETFs Work and Why Goldman Wants Them Innovator Capital built a track record with buffer ETFs, which cap losses for a set period. These funds link returns to options contracts instead of direct stock ownership. First, the ETF buys a basket of securities. Then, it adds options to create a floor on losses. In exchange, it limits the upside. This structure gives investors predictable risk bands. Financial advisers pushed these funds into client portfolios because they reduce shock drawdowns. Markets stayed volatile for years.…