方舟帝國因逃亡加深而導致投資者大量流失，信徒們驚愕不已

隨著投資者資金外流加劇，凱西·伍德 (Cathie Wood) 的 Ark Invest 面臨巨大的挑戰。管理資產暴跌80%，2024年4月流出額達22.4億美元。由於高利率和投資者的幻滅，方舟基金的表現不佳，引發了人們對資金集中在表現不佳公司的擔憂。儘管成長前景光明，但忠實的股東對該公司的業績表示失望。

Cathie Wood's Ark Empire Suffers as Investor Exodus Deepens: 'Loyal Shareholders Express Dismay'

隨著投資者流失加劇，凱西·伍德的方舟帝國遭受損失：“忠誠的股東表示失望”

Once hailed as a visionary in the realm of disruptive technology investing, Cathie Wood's Ark Invest has encountered a tumultuous downturn, marked by a massive exodus of investors.

凱西·伍德 (Cathie Wood) 的方舟投資公司 (Ark Invest) 曾被譽為顛覆性技術投資領域的遠見卓識者，但如今卻遭遇了動蕩的低迷時期，投資者大量外流。

In the halcyon days of early 2021, Ark Invest commanded an impressive $59 billion in assets under management (AUM) across its six funds, making it the world's largest active ETF manager. However, a mere three years later, that figure has plummeted by a staggering 80%, leaving the firm with a mere $11.1 billion under its purview.

在 2021 年初的太平日子裡，Ark Invest 旗下六支基金的管理資產 (AUM) 達到令人印象深刻的 590 億美元，使其成為全球最大的主動 ETF 管理公司。然而，僅僅三年後，這一數字就驟降了 80%，令人震驚，導致該公司的資產只剩下 111 億美元。

This precipitous decline can be attributed to a confluence of factors, including the dampening effect of rising interest rates on Wood's long-term speculative technology bets, coupled with a subsequent wave of disenchantment that has spurred investors to withdraw their funds.

這種急劇下降可以歸因於多種因素的綜合作用，包括利率上升對伍德長期投機性技術押注的抑製作用，以及隨後的一波失望情緒促使投資者撤回資金。

As a testament to the magnitude of the outflows, investors had divested a remarkable $2.24 billion from Wood's actively managed funds by the end of April 2024, almost tripling the outflows recorded throughout the entirety of 2023.

截至 2024 年 4 月底，投資者已從伍德的主動管理基金中撤資 22.4 億美元，幾乎是 2023 年全年資金流出量的三倍，證明了資金外流的規模。

Ark's flagship fund, the ARK Innovation ETF (NYSE:ARKK), has been particularly hard-hit, experiencing outflows exceeding $1.3 billion in less than four months of this year, far eclipsing the $578 million lost in all of 2023.

Ark 的旗艦基金ARK Innovation ETF（NYSE：ARKK）受到的打擊尤其嚴重，今年不到四個月的時間裡資金流出就超過13 億美元，遠遠超過了2023 年全年損失的5.78 億美元。

The following table provides a comprehensive overview of fund flows for Ark's actively managed ETFs in 2024 compared to 2023:

下表提供了 2024 年與 2023 年相比方舟主動管理 ETF 資金流向的全面概覽：

Source: VettaFi

Ark Actively Managed ETFsYTD 2024 年資金流向（自4 月19 日起）資金流向2023ARK Innovation ETF-$1.37 B-$578.15 MARK 下一代互聯網ETF (NYSE:ARKW)-$211.66 M-$63.93 MARKATSATS Gvolution) -$363.74 M$40.41 MARK 金融科技創新ETF (NYSE:ARKF)-$144.93 M-$58.26 MARK 自主科技與機器人ETF (BATS:ARKQ)-$126.76 M-$53.14 MARK 太空探索與創新與創新$42.23 MTotal$2.24 B$755.3百萬來源：VettaFi

"Loyal shareholders have become frustrated," lamented Todd Rosenbluth, head of research at data provider VettaFi, in an interview with The Wall Street Journal.

數據提供商 VettaFi 研究主管 Todd Rosenbluth 在接受《華爾街日報》採訪時感嘆道：“忠誠的股東已經變得沮喪。”

Despite Ark's promising prospects and Wood's disruptive investment philosophy, Rosenbluth expressed concern over the fund's heavy concentration in underperforming companies. With the sole exception of Coinbase Global Inc. (NASDAQ:COIN) and Robinhood Markets Inc. (NASDAQ:HOOD), all other top 10 holdings in the Ark Innovation ETF have failed to deliver positive returns in 2024.

儘管 Ark 前景光明，伍德具有顛覆性的投資理念，但羅森布魯斯對該基金過度集中於表現不佳的公司表示擔憂。除Coinbase Global Inc.（納斯達克股票代碼：COIN）和Robinhood Markets Inc.（納斯達克股票代碼：HOOD）外，Ark Innovation ETF的所有其他前十大持股均未能在2024年實現正回報。

Underperformers in the Ark Innovation ETF

方舟創新ETF表現不佳

Data as of April 23, 2024

NameWeightYieldCoinbase Global, Inc. (NASDAQ:MINT)9.38%35.60%Tesla, Inc. (NASDAQ:TSLA)9.32%-41.76%Roku, Inc. (NASDAQ: ROKU)8.27%-33.26%Block, Inc. (NYSE:PAD) )6.98%-4.80%UiPath Inc. (NYSE:PAD)5.69%-21.46%CRISPR Therapeutics AG (納斯達克股票代碼：CSRP)4.92%-7.28%Zoom Video Communications, Inc. (NASDAQ:ZM)4.50%-15.59%Roblox Corporation（NYSE：RBLX）4.47%-19.14% Robinhood Markets, Inc.4.21%38.85%Unity Software Inc.（NYSE：U）3.33%-43.14%截至2024 年4 月23 日的數據

Short Strategies Emerge for Cathie Wood's Ark Funds

Cathie Wood's Ark 基金出現空頭策略

The underperformance of Cathie Wood's actively managed funds has spawned a new strategy among ETF issuers: shorting Ark ETFs.

Cathie Wood 主動式管理基金的表現不佳催生了 ETF 發行人的新策略：做空 Ark ETF。

AXS Investments introduced the AXS Short Innovation Daily ETF (NASDAQ:SARK) in late 2021, which shorts Wood's flagship ARKK fund and has since gained 40%. In contrast, the ARKK Innovation ETF has lost more than 60% over the same period.

AXS Investments 於 2021 年底推出了 AXS Short Innovation Daily ETF（納斯達克股票代碼：SARK），該基金做空了 Wood 的旗艦 ARKK 基金，此後股價上漲了 40%。相較之下，ARKK Innovation ETF 同期損失超過 60%。

AXS Investments expanded its offerings in May 2022 with the launch of the AXS 2X Innovation ETF (NASDAQ:TARK), which shorts ARKK with 2x leverage.

AXS Investments 於 2022 年 5 月擴大了產品範圍，推出了 AXS 2X Innovation ETF（納斯達克股票代碼：TARK），該 ETF 以 2 倍槓桿做空 ARKK。

Shorting Cathie Wood's Flagship Fund Delivers Robust Returns

做空凱西伍德的旗艦基金帶來了強勁的回報

Greg Bassuk, CEO of AXS Investments, recently highlighted a substantial surge in inflows into these two funds during an appearance on CNBC, stating, "With thousands of startups and small, fast-growing companies driving innovation and having received funding from Silicon Valley Bank and similar banks, this could really foreshadow concerns about the ability of these types of innovation-driven companies to obtain financing in the future."

AXS Investments 執行長 Greg Bassuk 最近在接受CNBC 採訪時強調，這兩隻基金的資金流入大幅增加，他表示：「數以千計的新創公司和快速成長的小型公司推動創新，並獲得了矽谷銀行和類似的銀行，這確實可能預示著人們對此類創新驅動型公司未來獲得融資能力的擔憂。

In the wake of the Silicon Valley Bank collapse, the AXS Short Innovation Daily ETF and the AXS 2X Innovation ETF witnessed a remarkable spike in trading activity, surging by 80% and 50%, respectively, within a seven-day period.

矽谷銀行倒閉後，AXS Short Innovation Daily ETF 和 AXS 2X Innovation ETF 的交易活動顯著激增，在 7 天內分別飆升 80% 和 50%。

Despite the challenges that Ark Invest has faced, Cathie Wood remains unwavering in her belief in the long-term potential of disruptive technology and the transformative power of innovation. "SECRET WEAPON OF ACTIVE INVESTORS" Boost your stock market game with the #1 trading tool for "news & everything else": Benzinga Pro - Click here to start your 14-day trial now!

儘管 Ark Invest 面臨挑戰，但 Cathie Wood 仍然堅定不移地相信顛覆性技術的長期潛力和創新的變革力量。 「活躍投資者的秘密武器」 使用排名第一的「新聞及其他」交易工具提升您的股市遊戲：Benzinga Pro - 點擊此處立即開始 14 天試用！