On June 18, according to CoinDesk, Cathie Wood's Ark Invest continued its stock selling operations for Circle, selling a total of 300,108 shares through its three ETFs on Tuesday, amounting to 44.7 million USD. On Monday, Ark Invest sold a total of 342,658 shares, valued at approximately 51.7 million USD, as Circle's stock price hit a new high. Previously reported, ARK Invest bought nearly 4.5 million shares on the first day of trading for the stablecoin issuer Circle (stock code: CRCL), with the holdings valued at 373 million USD based on the closing price that day.
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Ark Invest has sold approximately $95 million worth of Circle shares for two consecutive days.
On June 18, according to CoinDesk, Cathie Wood's Ark Invest continued its stock selling operations for Circle, selling a total of 300,108 shares through its three ETFs on Tuesday, amounting to 44.7 million USD. On Monday, Ark Invest sold a total of 342,658 shares, valued at approximately 51.7 million USD, as Circle's stock price hit a new high. Previously reported, ARK Invest bought nearly 4.5 million shares on the first day of trading for the stablecoin issuer Circle (stock code: CRCL), with the holdings valued at 373 million USD based on the closing price that day.