Top gold ETF attracts $5.5 billion in assets this year despite cheaper competition $GLD (via ETFEdgeCNBC)
Todd Rosenbluth, senior director of ETF and mutual fund research at CFRA, found it encouraging that the GLD is still attracting billions in assets despite its rivals' less costly offerings.
Better yet for the GLD's bull case, gold appears to have transformed into an asset that's not just a hedge against uncertainty or inflation, but, largely, whatever investors want it to be, Tom Lydon, editor and proprietor of ETFTrends.com, told "ETF Edge" in the same interview.
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