The company Ark Invest at Cathie Wood continued to invest in the dumping of the dumping circle after selling 1.25 million CRCL shares last week for about 243 million dollars.
ARK has sold 415,844 shares another department of its money for $ 109.6 million on Monday, according to the trade notification that Cointelegraph saw.
The transactions were distinguished by the unloading of the fourth circle by ARK since the asset manager began to unload CRCL on June 16, 11 days after the launch of the General Circle on the New York Stock Exchange (NYSE).
With the new sale, ARK has now sold about 1.7 million Circle, which represents 37 % of CRCL 4.5 million on June 5.
Ark funds still have 2.6 million shares
The latest sales of ARK included transactions from the three Holding boxes, including Ark Innovation ETF (Arkk), Ark Next Generation Etf (Arkw) and Ark Fintech Innovation Etf (ArkF).
ARKK, the largest ARK fund with underground assets (AUM), sold $ 5.6 billion, 306,921 shares on Monday and still has about 1.7 million shares, which represents about 6.8 % of the total fund’s assets.
The other two funds, ARKW and ARKF, unloaded 72,302 shares and 36,621 shares, respectively, which led to holdings of 625,645 shares and 369128 shares, or 994,773 shares combined.
Related to: The circle shares become the largest component of the VANECK digital assets index
All three funds were held together 2.6 million shares after the new sale, at a value of about $ 69.9 million based on the CRCL closing price of $ 263.4 on Monday.
Circle shares to overcome USDC in the maximum market
The last sale of the Ark’s Crcl came amid the continuous rise of the continuous Meteoric Rise of Circle, as it reached the shares for a short period in $ 299 on Monday, According to To nyse data.
The remarkable estimate of Circle shares has increased in the market value, as it approached the market value of the pioneering Circle product, USDC (USDC) Stablecoin.
According to To CompanymarketCap data, Circle Internet Group is now 324 the largest public company around the world, with a market value of $ 63.9 billion.
At the same time, other sources such as Investing.com appreciation Circle’s market value is approximately $ 60 billion, indicating that the company has not yet overcome the current market value of USDC of $ 61.7 billion, According to To Coingecko.
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2025-06-24 11:17:00
