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Cathie Wood’s ARKK Posts Longest Inflow Streak in Over a Year

  • Previous run came soon after fund peaked in February 2021
  • Inflows show investors’ conviction in Wood despite fund losses
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Cathie Wood Defends ARKK's Performance

Cathie Wood’s flagship fund has posted its longest streak of inflows in over a year as it fights back from an interest rate hike-fueled decline.

Investors have poured money into the $9.5 billion Ark Innovation ETF (ticker ARKK) for eight straight days, with the amount totaling $639 million, according to data compiled by Bloomberg. The last time there was that long a span of cash pouring in was in March 2021, about a month after the fund peaked.