Cathie Wood’s Fintech ETF Bleeds Assets After 93% Return Last Year – Bloomberg

Cathie Wood’s Fintech ETF, which saw a remarkable 93% return last year, is now experiencing a decrease in assets. The ETF, managed by popular investor Cathie Wood, is seeing investors pull out their money despite its impressive performance in the previous year. This sudden change in investor sentiment has led to a decline in the fund’s assets. Wood, known for her successful investments in disruptive technologies, may need to reassess her strategy to regain investor confidence and attract more assets to the fund.