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

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

Massive multibillion-dollar trades have recently disrupted the exchange-traded fund (ETF) market, highlighting a contentious strategy used by some major investors to gain exposure to SpaceX's IPO. This unusual activity has notably impacted funds like Cathie Wood's ARKK, prompting at least one fund manager to impose temporary restrictions on their products to mitigate the practice. This situation underscores broader concerns about market manipulation and the need for tighter regulations to protect the integrity of ETF trading.

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