• ARK Innovation ETF is up 3.8% today, driven by broad market optimism following a U.S.–Iran ceasefire framework, leading to a risk-on sentiment and declining oil prices.
  • The ETF further benefited from a significant investment of over $500 million in SpaceX's IPO shares on its listing day, with SpaceX now constituting 3.28% of the ARKK portfolio.
  • Cooling inflation fears and a broad rally in Nasdaq futures, especially among AI leaders, are also boosting high-growth and innovation names.