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Bloomberg analysts: The market has a very strong demand for products with a "certain return structure".
Odaily News Eric Balchunas, a senior ETF analyst at Bloomberg, stated, "Cathie Wood's ARK Invest has just applied for some 'structured' ETFs, also known as buffered ETFs. Basically, it is similar to ARKK, but with a 50% fall limit, while the rise part (as I understand it) allows for all gains except for the initial 5% increase. In my opinion, this indicates that there is a very strong demand in the market for products with 'certain return structures.'"