Summary
- It was reported that ARK Invest sold Circle shares worth $44.76 million.
- ARK Invest announced that it sold a total of 300,000 Circle shares through three funds.
- Circle (CRCL) is reportedly maintaining a price about five times higher than its IPO price.
It has been reported that Cathie Wood's ARK Invest sold Circle shares worth $44.76 million.
According to digital asset-focused media outlet The Block on the 18th (local time), ARK Invest sold approximately 300,000 shares of Circle through three funds: ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.
According to Yahoo Finance data, Circle (CRCL) closed at $149.15, down 1.26% from the previous day, and is still trading at about five times its IPO price of $31.
YM Lee
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