Goldman Sachs has taken action, directly investing $2 billion to acquire the ETF issuer Innovator Capital. The official announcement did not explicitly mention the word encryption, but those in the industry can see it clearly—this is part of a larger strategy for digital assets.

In fact, Goldman Sachs has long been deeply involved in the Bitcoin spot ETF cake. The authorized participants behind those blockbuster products from BlackRock and Grayscale are them, helping to handle the subscription and redemption processes every day. Now, by bringing Innovator into the fold, they have essentially acquired the issuance license and channels directly.

In plain terms, this operation is an upgrade from "working for others" to "being your own boss." Innovator already has product lines like QBF, and after this acquisition by Goldman Sachs is completed, they will be able to operate on both traditional ETFs and encryption ETFs. The signal from Wall Street giants betting on digital assets is now out in the open.