Gold

<ul class="wp-block-list news-points"> 
 <li><strong>Gold-backed ETFs have reached $129B in AUM, reflecting strong investor demand for inflation hedges and market risk protection.</strong></li> 
 <li><strong>SPDR Gold Shares (GLD) dominates with $78B in AUM, accounting for 60% of the total assets among top gold ETFs.</strong></li> 
 <li><strong>Physical gold-linked ETFs like SGOL and OUNZ attract investors seeking direct exposure, boosting the sector’s global expansion.</strong></li> 
</ul> 
<p>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.</p> 
<p>Gold ETFs offer exposure to gold in a more accessible and liquid format, which appeals to a broad range of investors. Initially <a href="https://50years.gold.org/moment/34/gold-etfs-enhance-access" target="_blank" rel="nofollow">launched</a> in 2004 with <a href="https://coinedition.com/breaking-blackrock-bitcoin-etf-overtakes-the-largest-silver-trust-with-10b-aum/">SPDR Gold Shares</a> (GLD), gold-backed ETFs have since expanded, reflecting increasing demand for gold as a hedge against economic uncertainties.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">How long has gold ETFs been around?</p>— CZ 
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f536.png" alt="🔶" class="wp-smiley" style="height: 1em; max-height: 1em;"> BNB (@cz_binance) <a href="https://twitter.com/cz_binance/status/1851281912616141096?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 29, 2024</a>
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<h2 class="wp-block-heading" id="h-spdr-gold-shares-gld-the-pioneer-gold-etf">SPDR Gold Shares (GLD): The Pioneer Gold ETF</h2> 
<p>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…</p>
<p>The post <a href="https://coinedition.com/cz-sparks-gold-etf-discussion-history-growth-and-leading-funds/">CZ Sparks Gold ETF Discussion: History, Growth, and Leading Funds</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

CZ Sparks Gold ETF Discussion: History, Growth, and Leading Funds

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