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ARK Innovation ETF (ARKK) Receives Record Single-Day Inflow of Funds

Summary: According to Bloomberg ETF Senior Analyst Eric Balchunas, ARKK attracted $800 million in a single day, setting a new record for the largest single-day fund inflow in history. This is likely due to the fund's 50% surge in the past 3 months, which is double the gains of SPY, QQQ, and IBIT. ARKW also saw ...

According to Bloomberg ETF Senior Analyst Eric Balchunas, ARKK attracted $800 million in a single day, setting a new record for the largest single-day fund inflow in history. This is likely due to the fund's 50% surge in the past 3 months, which is double the gains of SPY, QQQ, and IBIT. ARKW also saw an inflow of $150 million, bringing the total single-day inflow for the entire ARK series of funds to nearly $1 billion.

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