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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Bloomberg Analyst: Ark Invest applies for buffered structure ETF to meet market demand for products with predictable returns.
BlockBeats news, on July 3, Bloomberg senior ETF analyst Eric Balchunas posted on social media that "Cathie Wood's ARK Invest has just applied for some 'structured' ETFs, also known as buffered ETFs. Basically, it is similar to ARKK, but has a 50% fall limit, while the rise part (as I understand it) allows for gains beyond the initial 5% rise. In my opinion, this indicates that there is a very strong demand in the market for 'certain return structure' type products."