The second factor lifting sentiment was a high-profile vote of confidence from ARK Invest founder Cathie Wood, who disclosed that her firm had purchased 85,485 shares of Palantir across five of its exchange-traded funds, a position valued at approximately $11 million based on recent prices. The largest single allocation came from the flagship ARK Innovation ETF, which added 46,455 shares, with the remainder distributed across the ARK Autonomous Technology ETF, ARK Next Generation Internet ETF, ARK Fintech Innovation ETF and ARK Space Exploration ETF.