Unusual multibillion-dollar flows hit ETFs, suggesting investors used a contentious method to gain SpaceX IPO exposure. ARKK posted a record $4.6 billion inflow then a $6.2 billion outflow, coinciding with acquiring 1.7 million SpaceX shares. The tactic risks distorting fund performance and disadvantaging long-term holders.
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Summary by ByteBrief
Bitcoin ETFs Report $4.4B Net Outflows in Week-Long Surge