Gold-backed ETFs have reached $129B in AUM, reflecting strong investor demand for inflation hedges and market risk protection.
SPDR Gold Shares (GLD) dominates with $78B in AUM, accounting for 60% of the total assets among top gold ETFs.
Physical gold-linked ETFs like SGOL and OUNZ attract investors seeking direct exposure, boosting the sector’s global expansion.
Binance CEO Changpeng Zhao (CZ) ignited a discussion on the history of gold-backed ETFs on X, piquing interest in these investment vehicles among crypto and traditional investors.
Gold ETFs offer exposure to gold in a more accessible and liquid format, which appeals to a broad range of investors. Initially launched in 2004 with SPDR Gold Shares (GLD), gold-backed ETFs have since expanded, reflecting increasing demand for gold as a hedge against economic uncertainties.
How long has gold ETFs been around?
— CZ 
BNB (@cz_binance) October 29, 2024
SPDR Gold Shares (GLD): The Pioneer Gold ETF
GLD debuted on the New York Stock Exchange on November 18, 2004, marking a significant milestone in investment history by providing a more accessible way to invest in gold. Shortly after its launch, GLD a…
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