ARKK Sees Significant Outflows Amidst Declines in CRSP, CRCL, and TEM

The ARK Innovation ETF (ARKK) experienced a $164.3 million outflow, a 2.5% decrease week over week, with shares outstanding dropping from 90.3 million to 88 million. The largest underlying components of ARKK, including CRISPR Therapeutics AG (CRSP), Circle Internet Group Inc Class A (CRCL), and Tempus AI Inc (TEM), also experienced losses.