Bloomberg Analyst: There Is Strong Market Demand for Products with "Deterministic Yield Structures"

Odaily Planet Daily reported that Bloomberg Senior ETF Analyst Eric Balchunas stated, "Cathie Wood's ARK Invest has just filed for some 'structured' ETFs, also known as buffer ETFs. Essentially, they are similar to ARKK, but with a 50% downside buffer, while on the upside (as I understand it), investors can capture all gains except for the initial 5% increase. In my view, this indicates that there is very strong market demand for products with 'defined outcome structures'."