Jeffrey Hendrik confident that Gold ETF investment instrument will be launched in second quarter

Jakarta (ANTARA) - Acting CEO of PT Indonesia Stock Exchange (BEI) Jeffrey Hendrik is optimistic that the Gold Exchange Traded Fund (ETF) investment instrument can be launched in the second quarter of 2026, in line with the product currently being prepared by investment managers (MIs). “It should be this second quarter; we are also waiting for our friends from the investment managers who are currently in the process of creating the product. We are optimistic that the Gold ETF can be launched this second quarter,” said Jeffrey when met at the BEI Building in Jakarta on Monday. In a separate occasion, the Head of the Capital Market, Derivative Finance, and Carbon Exchange Supervisory Executive of the Financial Services Authority (OJK), Hasan Fawzi, stated that his side is finalising preparations for the launch of the Gold ETF investment instrument. Hasan explained that this investment instrument innovation is part of efforts to deepen Indonesia’s capital market, while expanding investment alternatives for investors, particularly domestic ones. “From the industry side, we have received concrete interest from at least three prospective issuers,” Hasan revealed. In addition to product readiness, he explained that infrastructure aspects are also being continuously prepared, including trading systems, gold asset storage mechanisms, custodian services, and the product listing process at BEI. Hasan emphasised that the development of the Gold ETF will be directed to meet operational standards equivalent to global best practices, focusing on price transparency, liquidity information openness, and strengthening investor protection. Through the Gold ETF, investors can gain exposure to gold price movements without needing to store, insure, or secure physical gold directly.