Ark Invest Sells $44.7M in CRCL Shares as GENIUS Act Passes Senate

Ark Invest Sells $44.7M in CRCL Shares as GENIUS Act Passes Senate

Cathie Wood’s Ark Invest sold a combined 300,108 shares of Circle Internet Group CRCL on Tuesday across three of its ETFs, continuing to take profit for a second day in a row, this time to the tune of $44.7 million.The move came as CRCL closed in New York Tuesday at $149.15 as it continues to maintain investor momentum after a monster rally during its first days of trading earlier this month. ARK's trimming of its CRCL position coincided with a …

Circle Internet Group, Inc. Insider Trading & Ownership Structure - Simply Wall St

Uncover the latest insider trading activity for Circle Internet Group, Inc. (CRCL). Know which insiders are buying and selling along with top shareholders and ownership breakdown.

Circle stock leaps to $200 record after 34% daily gain

Circle’s CRCL shares climbed 34% and closed at $199.59 on June 18 after registering a new all-time high at $200.90. The new price peak is roughly 6.5x the company’s initial public offering price of $31 set on June 5. The price leap came one day after the Senate advanced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 51–23 vote, clearing the bill for House consideration. Circle CEO and co-founder Jeremy Alla…

Circle stock leaps to $200 record after 34% daily gain - Coin Surges

Circle’s CRCL shares climbed 34% and closed at $199.59 on June 18 after registering a new all-time high at $200.90. The new price peak is roughly 6.5x the company’s initial public offering price of $31 set on June 5. The price leap came one day after the Senate advanced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 51–23 vote, clearing the bill for House consideration. Circle CEO and co-founder Jeremy Alla…

ARK Invest Trims Nearly $45M in Circle Shares Amid GENIUS Act Surge - Crypto Economy

TL;DR Strategic Adjustments: ARK Invest divested roughly $45M in Circle shares, capitalizing on new market dynamics following the bipartisan Senate approval of the GENIUS Act. Regulatory Milestone: The GENIUS Act sets clearer rules for stablecoin operations, a move welcomed by many in the industry, with Circle’s CEO even applauding it as “genius.” Portfolio Rebalancing: This profit-taking action reflects ARK’s broader strategy to mitigate risk …

Circle dump: Cathie Wood’s Ark sells another $45M as shares tumble – MAXBIT

In the past two days, ARK has offloaded a total of 642,766 Circle shares, accounting for 14% of its 4.49 million CRCL purchase made during the company’s public launch. ARK Invest, the cryptocurrency-friendly investment firm founded by Bitcoin bull Cathie Wood, continued selling shares of USDC stablecoin issuer Circle, offloading nearly $100 million in two...