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Market antics could force ETF resiliency into new test


Market antics could force ETF resiliency into new test
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ARK’s Catherine ‘Cathie’ Wood feels confident that the ETF market could handle any issues that come up.
In 2020, the resiliency of exchange-traded funds was on display as the products withstood the market gyrations of the spring. Now, a confluence of forces in 2021 may test ETFs yet again.
For the most part, ETFs were an afterthought in the recent run-up and run-down of stocks (or stonks ) targeted by boosters on the Reddit Inc. forum WallStreetBets last month. But that doesn t mean that ETFs are immune from coordinated action by retail traders or any others. Do ETFs have the mettle to handle a mob without a cascade of unintended consequences? ....

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