
Is liftoff of Cathie Wood’s new ARK Space ETF imminent?
Al Jazeera
Ark Investment Management’s new space ETF could debut as soon as the start of next week, based on regulatory filings, which would cap a stellar year for rock star manager Cathie Wood.
Cathie Wood may be about to cap a stellar year with a suitably themed new product. Ark Investment Management’s new space ETF could make its debut as soon as the start of next week, based on regulatory filing dates. The actively managed exchange-traded fund would track U.S. and global companies involved in space exploration and innovation. If it comes it will be the first new product from Ark since the 2019 launch of the ARK Fintech Innovation ETF (ARKF) and follows a stellar 12 months in which Wood’s ETF assets skyrocketed to $47 billion from just $3.3 billion.More Related News