Yes, Magento 2 Google Tag Manager can capture custom events like button clicks. This Magento 2 extension allows you to configure event tracking without editing core code. Store owners can define triggers for specific actions, such as clicking a button, submitting a form, or viewing a page section. These events can then be sent to Google Analytics, Google Ads, or other tracking platforms for deeper insights. With Magento 2 Google Tag Manager, tracking button clicks helps optimise conversions and understand customer behaviour more effectively.