Goldman Sachs will transfer ETF Accelerator servicing to Tidal, with 12 ETFs under the program.

From Yahoo Finance: 2025-05-12 14:45:00

Goldman Sachs Group Inc. (GS) will end its ETF Accelerator platform and transfer servicing to Tidal after launching in 2023. Tidal Financial Group will manage 12 ETFs launched under the program. The move was deemed the best long-term solution for clients by a Goldman Sachs spokesperson. The European arm has one client, Ultramarin, which launched two ETFs. The AI-Enhanced Eurozone Equities UCITS ETF (EUAI) was the first to launch in Europe, amassing $91 million. The AI-Enhanced US Equities UCITS ETF (USIQ) followed, gathering $11 million. Rebecca Anderton-Davies, head of Goldman Sachs ETF Accelerator EMEA, left last October.



Read more at Yahoo Finance: Goldman to Shift ETF Accelerator Servicing to Tidal