According to relevant sources, according to Article 23 of the New Regulations on Liquidity of Public Offerings, which came into effect on1October 17+ 1 day, if an open-end fund is held within 7 days, a certain redemption fee will be charged.
But in fact, this provision does not include transactional open index funds, and gold ETFs belong to transactional open index funds, so Bian Xiao does not think this is the reason.
The biggest reason may be that ETF funds should be purchased through securities companies, but not on third-party platforms, just as Alipay belongs to third-party platforms. Coupled with the low subscription threshold and no handling fee, it may be supervised by the financial sector.