Gold ETF Feels Effect Of Crash, Drops to Number Three

Over at Barron’s, Brendan Conway detailed the falling value of the most important ETF in the gold market this morning. The SPDR Gold Trust (NYSEARCA:GLD) has dropped a notch on the list of the biggest ETFs in the market, sometime back in April. The ETF is now worth $50.91 billion by assets and comes in as the third biggest ETF in the marketplace. The biggest ETF out there at the moment is the SPDR S&P 500 ETF (NYSEARCA:SPY), which gives investors exposure to the market index, and the Vanguard FTSE Emerging Markets (NYSEARCA:VWO), which gives investors broad exposure to various…