ARK Invest to Launch Four “Buffer ETFs” After Losing Billions

Cathie Wood Agrees Circle IPO Is 'Crypto's ChatGPT Moment' — Warns Institutions That Ignoring The AI-Crypto Combo 'Just Isn't An Option' - Charles River (NYSE:CRL)

ARK Invest CEO Cathie Wood agrees with Fundstrat Global Advisors Head of Research Tom Lee and has likened the Circle (NYSE:CRL) IPO to a pivotal moment in the crypto industry, suggesting that institutional investors can no longer ignore the convergence of artificial intelligence and blockchain. What Happened: In a Tuesday interview with BanklessHQ, Wood drew parallels between the Circle IPO and the ‘ChatGPT moment’ in the crypto industry. “I hea…

ARK Invest to launch four “buffer ETFs” after losing billions

After bleeding billions from its flagship funds, Cathie Wood’s ARK Investment Management is reportedly taking a defensive turn. It is entering into the booming “buffer ETF” arena with a fresh lineup of loss-limiting products. The firm filed proposals last week for four new exchange-traded funds, the ARK Q1, Q2, Q3, and Q4 Defined Innovation ETFs. These Exchange-traded funds are designed to cushion downside risks while limiting upside returns. Ea…

Cathie Wood’s Ark eyes a comeback with “Diet ETFs”

After bleeding billions from its flagship funds, Cathie Wood’s ARK Investment Management is reportedly taking a defensive turn. It is entering into the booming “buffer ETF” arena with a fresh lineup of loss-limiting products. The firm filed proposals last week for four new exchange-traded funds, the ARK Q1, Q2, Q3, and Q4 Defined Innovation ETFs. These Exchange-traded funds are designed to cushion downside risks while limiting upside returns. Ea…

Concurrent Investment Advisors LLC Purchases 5,394 Shares of Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC)

Concurrent Investment Advisors LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC – Free Report) by 14.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,045 shares of the company’s stock after buying an additional […]