ARK is amending prospectus language for its ETFs

https://www.sec.gov/ix?doc=/Archives/edgar/data/1579982/000110465921042507/tm2110363-5_497.htm 
 
https://www.sec.gov/ix?doc=/Archives/edgar/data/1579982/000110465920129560/tm2031206-1_485bpos.htm#a_additionalrisk

- Specify risks of investing in SPACs
- Remove limit on ADRs, warrants, preferreds, etc
- Remove 10% limit on investing of assets in single firm, up to 30% now 
- Remove limit on investing in 20+% of a single firm's shares

Seems to allow them to make even bigger bets on specific plays, i.e they were previously capping Tesla at 10% of their holdings in ARKK as it grew.