Another gold ETF from State Street, the SPDR Gold MiniShares Trust, which posted a record inflow of over US$1.5 billion on Wednesday, ranked second, the data shows.
ETF investors have been piling into gold more than any other asset class as the precious metal hits a record.
State Street’s SPDR Gold Shares, which trades under the ticker “GLD,” has taken in the most cash out of any US-listed exchange-traded fund over the last week, according to data compiled by Bloomberg. That’s even when accounting for a US$720 million ($928.6 million) outflow Wednesday, as traders appeared to take some profits after pouring money in for the prior six trading sessions.
