Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

What are the differences in taxes rules for specialty ETFs such as GLD (Gold ETF) and general ETFs?
Gold ETFs are treated different than stock ETFs, as a collectable. This makes long-term investing in gold ETFs (for one year or longer) subject to a relatively large capital gains tax (maximum rate of 28%, rather than the 15% rate that is applicable to most other long-term capital gains). Read The Gold Showdown: ETFs Vs. Futures for more details.