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SARK was a bet that ARK was overvalued, so they wouldn't have waited for ARK's massive gains to fully evaporate
by BoorishBears 4y ago
SARK was a bet that ARK was overvalued, so they wouldn't have waited for ARK's massive gains to fully evaporate
- deltree7 4y agoIf it were a bet that it was overvalued, the minute it reached fair valuation, the ETF should have been dissolved and distributed the funds. The fact that it still exists means, they are happy to collect fees from gullible people who are pro/anti large-internet-personalities.