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Ark sold off $44.76 million of Circle stock again, cashing out nearly $100 million for two consecutive days.
PANews June 18 news, according to The Block report, Ark Invest once again sold off Circle (CRCL) shares worth $44.76 million on June 17, having reduced its holdings by $51.7 million the previous day. This round of selling was completed by three ETFs: ARKK, ARKW, and ARKF, totaling 300,000 shares sold. Despite CRCL closing down 1.26% to $149.15, it is still much higher than the IPO issuance price of $31.