The Alerian MLP ETF (AMLP US), the largest infrastructure ETF globally, has reached its ten-year anniversary on the NYSE.

The United States Oil Fund (USO US), the largest ETP globally to track changes in oil prices, is facing a regulatory reckoning after the SEC recommended that the fund and its management face enforcement action.

VanEck’s European domiciled gold miners ETF – the VanEck Vectors Gold Miners UCITS ETF – has benefited from the increased demand for gold in recent months with assets swelling to more than $725 million.

By Fiona Boal, Head of Commodities and Real Assets, S&P Dow Jones Indices.

The S&P GSCI rose 3.8% in July 2020, taking its YTD performance to -33.9%. Weakness in the US dollar against a range of currencies supported commodities.

VanEck remains bullish on gold ETFs, seeing $3000/ozt as a reasonable price target for the metal in the current bull market run.

Invesco has reduced the expense ratio on its $13.8 billion Invesco Physical Gold ETC (SGLD LN) from 0.19% to 0.15% – the third time the issuer has lowered the ETC’s fee in the past two years.

The iShares Physical Gold ETC (IGLN LN) has surpassed $15 billion in assets under management – the first European-domiciled gold ETP to reach the milestone – just as the gold price set its own record by topping $2,000/oz.

WisdomTree has upgraded the index underlying its WisdomTree WTI Crude Oil ETC (CRUD LN), diversifying exposure across three WTI oil contracts instead of only one. The move aims to make the product more resilient to future oil market disruption.

Krane Funds Advisors has announced the launch of the KFA Global Carbon ETF (KRBN US) on NYSE Arca. Sub-advised by environmental finance boutique Climate Finance Partners, the fund provides exposure to cap-and-trade carbon emission allowances by taking long positions in carbon credit futures.

ETFs providing exposure to gold are prospering from strong returns and record inflows as investor nerves spur allocation increases, pushing the price of the metal to record highs. The SPDR Gold Shares (GLD US) has led the pack, growing to more to $77.9bn in assets under management.