GLDM, LNOK: Big ETF Outflows

52,050,000 units of the SPDR Gold MiniShares Trust were destroyed week over week, a 13.9% decline in units outstanding. This was the largest outflow among ETFs tracked by ETF Channel and signals reduced investor demand for this gold ETF during the week.

Analysis

52,050,000 units of the SPDR Gold MiniShares Trust were destroyed week over week, a 13.9% decline in units outstanding. This was the largest outflow among ETFs tracked by ETF Channel and signals reduced investor demand for this gold ETF during the week.