Billions in SpaceX Trades Jolt ETFs Including Cathie Wood's ARKK

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.