Goldman Sachs will gradually shut down its ETF Accelerator platform and transfer services to Tidal

Wallstreetcn
2025.05.09 20:19

Goldman Sachs Group will gradually shut down its ETF Accelerator platform, which helps asset management companies launch, list, and regulate exchange-traded funds (ETFs), and will transfer financial services for trust companies managing approximately $5 billion in ETF products to Tidal Financial Group. Tidal will take over the services of two trust companies, including trade execution support, compliance, and other back-office tasks, which manage 12 ETFs launched under the accelerator platform