ARK Innovation ETF (ARKK) Sees Largest Single-Day Inflow in History

BlockBeats News, August 1—Bloomberg ETF senior analyst Eric Balchunas posted on social media that ARKK attracted $800 million in a single day, setting a new record for the largest one-day fund inflow in its history. This is likely due to the fund surging 50% over the past three months, which is double the gains of SPY, QQQ, and IBIT. ARKW saw an inflow of $150 million, bringing the total single-day inflow for the entire ARK fund series to nearly $1 billion.