According to @business, the reopening of the IPO market has sparked unusual trading across several of Cathie Wood’s ARK funds, with Bloomberg’s newsletter analyzing activity following the Klarna IPO. Source: Bloomberg @business, Oct 3, 2025. For traders, the source highlights IPO-driven flows as a driver of the observed ARK fund trading patterns after Klarna, making the immediate post-IPO window a key period to monitor. Source: Bloomberg @business.

According to @balajis, the real reform for public offerings will come from crypto, as he argues that easing IPO regulations like Sarbanes-Oxley (Sarbox) will happen not through traditional legislation but through the emergence of cryptoequities. He states that in the future, all companies may issue shares as cryptoequities, listing them on decentralized Internet capital markets, fundamentally changing how assets are traded and potentially increasing access and liquidity for traders and investors. This shift could have significant impacts on the crypto market, broadening the scope of tokenized assets and trading opportunities (source: @balajis).