What risks or limitations should investors consider?

[etfs]

Despite its stability, PAXG isn’t risk-free.
Potential drawbacks include:

Custodial reliance: The gold is centralized—holders rely on Paxos and vault providers.

Regulatory exposure: Changes in financial rules could affect redemption or distribution.

Liquidity variations: While liquid, it’s not as heavily traded as major cryptos.

Fees: Some platforms may charge for transfers, custody, or redemption of physical gold.

PAXG is stable and reliable, but still tied to the rules and risks of both gold markets and blockchain infrastructure.