The secondary market trading of units of Gold Trust Exchange-Traded Fund LLC, established by BBS LLC, launched on May 15 in a ceremony attended by senior financial regulators and market officials.

The event was attended by Financial Regulatory Commission Deputy Chairman T.Tserenbadral, Mongolian Stock Exchange Acting CEO D.Munkhbat, BBS CEO J.Bataa and other relevant officials. Speaking at the ceremony, Deputy Chairman T.Tserenbadral said the Financial Regulatory Commission has approved regulations and established a regulatory framework for exchange-traded funds in line with international standards, paving the way for new investment products in the domestic capital market.

Gold Trust Exchange-Traded Fund becomes the second ETF listed on the stock exchange, following Invescor Global Q Exchange-Traded Fund LLC, which received the first ETF license in 2023.

The fund is notable for being the country’s first gold-backed ETF, allowing investors to gain exposure to gold price movements through an investment fund without incurring additional costs. Investors can purchase units through the stock exchange in the same manner as buying shares. The fund’s underlying instrument is GLD, or SPDR Gold Shares ETF, a gold ETF that has traded on the New York Stock Exchange since November 2004.

Published Date:2026-05-20