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Bloomberg Analyst: Ark Invest Applies for Buffered ETF to Meet Market Demand for Certainty Income Products
Summary: In breaking news, Bloomberg senior ETF analyst Eric Balchunas posted on social media that Cathie Wood's ARK Invest has just applied for some structured ETFs, known as buffered ETFs. Essentially, it is similar to ARKK, but with a 50% downside limit, and the upside (as I understand it) can capture all gains beyond the initial ...
In breaking news, Bloomberg senior ETF analyst Eric Balchunas posted on social media that Cathie Wood's ARK Invest has just applied for some structured ETFs, known as buffered ETFs. Essentially, it is similar to ARKK, but with a 50% downside limit, and the upside (as I understand it) can capture all gains beyond the initial 5% increase. In my view, this indicates a strong market demand for structured products offering certainty in income.
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Link: Bloomberg Analyst: Ark Invest Applies for Buffered ETF to Meet Market Demand for Certainty Income Products [Copy]
