June 18, 2025
Ark Invest Dumps Nearly $ 45M WORTH OF CIRCLE Shares As US Senate Passes Genius Act thumbnail
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Ark Invest Dumps Nearly $ 45M WORTH OF CIRCLE Shares As US Senate Passes Genius Act

The Genius Act Is Seen As A Major Win for Stablecoin Issuers Like Circle and the Crypto Industry at Large.”, – WRITE: www.coindesk.com

Ark Invest Dumps Nearly $ 45M WORTH OF CIRCLE Shares As US Senate Passes Genius ActThe Genius Act Is Seen As A Major Win for Stablecoin Issuers Like Circle and the Crypto Industry at Large. Jun 18, 2025, 6:39 AM

Cathie Wood’s Ark Invest Sold A Combined 300.108 Shares of Circle Internet Group on Tuesday Across Three of Itfs, Continuing to Take Profit For ACEOND DAY.

The Move Came As CrCl Closed in New York Tuesday at $ 149.15 as It Continues to Mainten Investor Momentum After a Monster Rally Dringing ITS First Days

Ark’s Trimming of ITS CRCl Position Coincides with A Major Policy Miles: The Us Senate’s Bipartisan Passage of the Genius Act, A Bill Designed to Regulate Stablecoin Issuers Like.

The Act Is Considered An Industry Win, and Was Welcomed by Circle CirCle Ceo Jeremy Allaire, Who Called It A “Genius” Piece of Legislation in an X Post.

An investor Notice Indicates that as ark sol CrCl, It Increated ITS POSIONS IN CHIP Designer Amd, WHICH HAS BEEN DESCRIBED AI AI PLOMAGING OF THE RELEASE OF ITSEA Semiconductor, A Chip Manufacturing Company.

Read More: Ark Invest Offloads Over $ 50m in Circle Shares As Stock Extends Rally

Sam Reynolds

Sam Reynolds is A Senior Reporter Based in Asia. Sam Was Part of the Coindesk Team that Won the 2023 Gerald Loeb Award in the Breaking News Category for Covers of FTX’s Collaps. Prior to Coindesk, He Was A Reporter with BlockWorks and A Semiconductor Analyst with IDC.

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