Interesting news on the ARKK ETF recently - apparently the person who provided seed funding for four of their first ETFs was… Bill Hwang of Archegos infamy - whose scam was to leverage up on long bets and keep them going with yet more undeclared leverage until it all blew up, leading to a massive drawdown in certain Chinese stocks and the demise of his ‘family office’.
A little worrying, since Tesla is one of the largest holdings in this ETF.