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BCTG Acquisition Corp. (NASDAQ: BCTG) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Tango Therapeutics.
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By Michael Wursthorn Cathie Wood s new ARK Space Exploration & Innovation ETF is already on track to be one of the most successful fund launches ever despite criticism that it doesn t necessarily reflect the nascent space-exploration market. Investors poured $445.6 million into the actively managed exchange-traded fund, known as ARKX, in its first four days of trading, according to FactSet data through Monday. That trounces the industry average of three years to gather $100 million and puts the fund on course to top $1 billion in assets within days, analysts said. Such a milestone would put the fund in rare company: The fastest ETF to reach $1 billion was State Street s SPDR Gold Trust fund, which hit the mark in just three days back in 2004.