The ETF Market's Unseen Victim: GraniteShares' $49M Loss In the world of exchange traded funds (ETFs), few firms have carved out a niche as unique as GraniteShares.
Founded in 2016, this New York based company provides low cost, physically backed ETFs that track gold and other precious metals.
However, recent data reveals that GraniteShares has lost nearly $50 million in assets under management over the past year. This news may seem like another symptom of the ever shifting landscape of the ETF market.