(Reuters) - Goldman Sachs ( GS ) is exploring options, including a potential sale, for its ETF Accelerator platform designed to help the bank's institutional clients launch their own exchange-traded funds, a source familiar with the matter told Reuters on Friday.

This platform is separate from the ETF business of Goldman Sachs' ( GS ) asset management arm, the source said, who did not want to be identified because the plans are not public.

"We are assessing what the best long-term option is for the ETF Accelerator platform for Goldman Sachs ( GS ) and our clients," said Nick Carcaterra, a spokesperson for the bank, in an emailed statement.

"No decision has been made and there are no imminent plans for a change. If we have an update to share, we will do so," he added.

The news was first reported by Bloomberg News.