Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Ark Invest further reduces its holdings by $44.8 million in Circle stock

Ark Invest further reduces its holdings by $44.8 million in Circle stock

金色财经金色财经2025/06/18 03:22
Show original

According to Jinse Finance, Ark Invest, led by Cathie Wood, sold another $44.76 million worth of Circle Internet Group Inc. (CRCL) shares the day after offloading $51.7 million of the same stock. As a stablecoin issuer, Circle’s share price remains above its recent IPO level. According to the latest filings, three of Ark Invest’s exchange-traded funds (ETFs) sold related shares on Tuesday. The ARK Innovation ETF (ARKK) reduced its holdings by 208,654 shares of Circle, the ARK Next Generation Internet ETF (ARKW) sold 65,320 shares, and the ARK Fintech Innovation ETF (ARKF) also trimmed 26,134 shares of the stablecoin issuer. Yahoo Finance data shows that CRCL closed down 1.26% at $149.15 on Tuesday, but rose 2.84% in after-hours trading. Its share price remains significantly above the IPO price of $31.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Investors reportedly offering Anthropic allocation shares at premiums of up to 5% ahead of its IPO

According to reports, the trading firm JonesTrading is marketing up to $500 million worth of stock shares on behalf of some investors, at a 3% to 5% premium over the IPO issue price. This indicates that investors are already transferring their anticipated IPO allotted shares before the IPO is officially issued.

华尔街见闻•2026/11/10 23:03

Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.

On Tuesday, Nvidia closed down 5.5%, a decline significantly greater than other major tech stocks, making it a key factor dragging down the tech sector's performance. During intraday trading on Tuesday, Microsoft's market capitalization briefly surpassed Nvidia, making it the world's second largest publicly traded company by market value. However, after Anthropic released its office suite, Microsoft's losses widened, causing it to fall behind Nvidia once again.

华尔街见闻•2026/11/10 23:01
Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.