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Anti-Ark ETF Creator Leaving Position

Photo of business partners shaking hands.

Matthew Tuttle, the man behind the idea for the Anti-Ark ETF, has just been reported to have lost his position as the fund manager. The ambitious fund looking to short Cathie Wood’s Ark ETF strategy will now be controlled by AXS Investments LLC who were responsible for the purchase of the AXS Short Innovation Daily ETF (SARK) as well as the rest of Tuttle’s lineup. SARK has offered investors good growth since launch up around 66% YTD.