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While active ETFs still make up only 3.5% of the $5.7 trillion industry, they’ve been steadily growing -- with inflows reaching a record of over $55 billion in 2020.
Wood’s ARKW was one of last year’s top-performing equity ETFs with a 154% rise and is up another 16% so far this year. Meanwhile, the sports betting platform’s shares have risen more than 27% in 2021.