ARK Innovation ETF
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Last Friday, the collapse of a Silicon Valley bank caused $397 million of funds to flow into ARKK, hitting a new high since April 2021
On March 15th, according to Wall Street news, the collapse of a Silicon Valley bank on Friday led to the inflow of $397 million into Cathie Wood’s ARK Innovation ETF (ARKK), a multi-year high. This is the largest inflow of funds since April 2021. Interpretation of this information: The collapse of a Silicon Valley bank on March 15th has resulted in the inflow of $397 million into Cathie Wood’s ARK Innovation ETF, as reported by Wall Street news. This event has caused a multi-year high for the fund, which has…
