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Bloomberg

Billions in SpaceX IPO Arb Trades Rattle ETFs

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Bloomberg's Denitsa Tsekova joins Scarlet Fu and Katie Greifeld on "Bloomberg ETF IQ." A series of unusual multibillion-dollar flows has rippled through the ETF market in the past week, suggesting some major investors used a contentious method to get exposure to the IPO of SpaceX. At least one fund manager placed temporary restrictions on its product in a bid to curb the practice.