Billions in SpaceX Trades Jolt ETFs Including Cathie Wood’s ARKK (opens original article in a new tab)

Billions in SpaceX trades caused significant impacts on ETFs like Cathie Wood’s ARKK, indicating major investors sought exposure to the company's IPO through unconventional methods.

• A series of multibillion-dollar flows affected ETFs including Cathie Wood’s ARKK
• Major investors used a method to gain exposure to SpaceX's IPO
• The event caused ripples in the exchange-traded fund market