Goldman Sachs has agreed to acquire Innovator Capital Management for roughly $2 billion, bringing the issuer of defined-outcome exchange-traded funds (ETFs), including a Bitcoin structured fund, under its asset management umbrella. The transaction, slated to close in the second quarter of 2026, will bring about $28 billion in additional assets under supervision to Goldman Sachs’ Asset Management, which reported $3.45 trillion AUS at the end of the third quarter. Goldman said the purchase will broaden its plans for active and defined-outcome ETFs, a fund that uses options to limit losses…
Tag: ETF
Goldman Sachs to buy Innovator Capital Management in push to grow its ETF lineup
Key Takeaways Goldman Sachs is acquiring Innovator Capital Management to expand its ETF lineup, adding $28 billion in assets under supervision. The deal positions Goldman Sachs as a top ten active ETF provider, enhancing their offerings in the fast-growing defined outcome ETF category. Share this article Goldman Sachs has reached a deal to buy Innovator Capital Management, a prominent asset manager specializing in defined outcome ETFs, to strengthen its active ETF offerings, according to a Monday announcement. The transaction, valued at about $2 billion in cash and equity, is expected…
Canary Capital claims its XRP ETF surpasses all other XRP ETFs combined
Key Takeaways Canary Capital’s XRPC ETF has exceeded the size of all other spot XRP ETFs combined as per the company’s claim. XRPC is listed on Nasdaq, offering regulated XRP exposure through a traditional ETF. Share this article Canary Capital claims its XRPC ETF has grown larger than all other spot XRP ETFs combined, according to a new statement from the investment firm specializing in crypto-focused exchange-traded funds. XRPC launched as one of the first spot XRP ETFs in the US, trading on Nasdaq and providing regulated exposure to the…
Bitcoin Derivatives and ETF Flows Signal Caution: Will BTC break $91K?
Bitcoin (BTC) failed to reclaim $93,000 despite positive momentum in the US stock market and rising gold prices. With the S&P 500 trading just 1% below its all-time high, traders are evaluating what could spark sustainable bullish momentum for Bitcoin. Key takeaways: Demand for BTC put (sell) options and stagnant ETF inflows kept momentum capped despite easing macroeconomic conditions. AI-driven tech relief has cut market stress, but BTC strength relies on holding $90k as investors bet on liquidity support amid softer job market data. Fed target rate expectations for Dec.…
Ethereum ETF outflows surge to $1.4B in November
Key Takeaways Ethereum ETFs saw $1.4 billion in net outflows in November, indicating reduced investor confidence or rebalancing. Major funds affected include BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity’s Ethereum Fund (FETH). Share this article US-listed spot Ethereum ETFs recorded $1.4 billion in net outflows in November as investors retreated from spot crypto funds during a choppy month for markets. The outflows affected major funds, including BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity’s Ethereum Fund (FETH), both of which track Ethereum’s price performance without requiring direct crypto holdings. Spot Ethereum…
BlackRock Bitcoin ETF records $114 million in net outflows amid market volatility
Key Takeaways Around $114 million was withdrawn from BlackRock’s Bitcoin ETF on Friday. The outflows reflect ongoing volatility and decreasing institutional appetite for Bitcoin exposure. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw approximately $114 million in net inflows on November 28 amid ongoing crypto market volatility. The substantial outflow comes as many investors continue reducing their digital asset exposure. The selloff reflects investor sentiment across US spot Bitcoin ETFs, which have experienced notable outflows in recent weeks. BlackRock has observed clients pulling back from Bitcoin positions during the…
CoinShares Unexpectedly Withdraws Staked SOL ETF Application
Asset manager CoinShares withdrew its Securities and Exchange Commission (SEC) application for a staked Solana exchange-traded fund (ETF) on Friday. The structuring deal and asset purchase behind the proposed fund were never completed, according to the SEC filing, which states: “The Registration Statement sought to register shares to be issued in connection with a transaction that was ultimately not effectuated. No shares were sold, or will be sold, pursuant to the above-mentioned Registration Statement.” The first staked Solana (SOL) ETF, issued by REX-Osprey, debuted in the United States in June,…
Why XRP Will Not Reach $100 By End Of Year Despite ETF Launch
Interest in XRP has increased massively after the launch of Spot XRP ETFs, leading some supporters to float a $100 per token rally before the end of the year. That scenario, however, appears highly unrealistic when basic market fundamentals are considered. In a recent post on X, Zach Humphries dismissed triple-digit predictions, calling them “delusional” and warning that they mislead people who don’t grasp the math behind market valuation. The Market Cap Reality Check Any attempt to peg XRP at $100 must first contend with its circulating supply and the…
Senator Dave McCormick reveals up to $150K purchase of Bitwise Bitcoin ETF this week
Key Takeaways Senator Dave McCormick disclosed having purchased up to $150,000 in shares of the Bitwise Bitcoin ETF. McCormick sits on the Senate Banking Committee’s digital assets subcommittee, influencing crypto policy. Share this article Senator Dave McCormick, a Republican from Pennsylvania who serves on the Senate Banking Committee’s digital assets subcommittee, on Thursday disclosed fresh purchases of the Bitwise Bitcoin ETF valued somewhere between $65,002 and $150,000. McCormick made one purchase on Nov. 24 and a second the following day, according to a periodic transaction report. The Bitwise Bitcoin ETF,…
Bitcoin ETF Investors In Profit Amid Interest Rate Cut Expectations
BlackRock’s spot Bitcoin exchange-traded fund (ETF) holders are back in profit after Bitcoin’s recovery above $90,000, an early sign that sentiment may be turning among one of the key investor groups driving the market this year. The holders of the largest spot Bitcoin (BTC) fund, BlackRock’s iShares Bitcoin Trust ETF (IBIT), bounced back to a cumulative profit of $3.2 billion on Wednesday, according to blockchain data platform Arkham. “BlackRock IBIT and ETHA holders went from being up almost a combined $40 billion at their PnL peak on 7th October, down…