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All Of ARK's ETFs Saw Outflows On Friday Except Its "Flagship" Innovation Fund
• https://www.zerohedge.com, by Tyler DurdenAs astute observer @TeslaCharts noted on Twitter over the weekend, ARK's ETFs saw millions in outflows. ARKW and ARKQ, for example, saw $96.5 million and $197.1 million in outflows:
???????? Time for updated ARK flow data - curious indeed!
— TC (@TESLAcharts) March 6, 2021
1/ $ARKQ with a bloodbath -$96.5MM pic.twitter.com/fo6KTOYrm7
He also noted that ARKF and ARKG saw $94.6 million and $183 million in outflows, respectively.
But finally, the company's "flagship" ETF - and the one we have been highlighting over the last 2 weeks for potential vulnerabilities, wound up seeing inflows of $46.8 million, despite the fact that it was down as much as 10.3% on the day.