“Cathie Wood’s Firm Looks to Take Profit as Circle Shares Surge Nearly Fivefold from the IPO.”, – WRITE: www.coindesk.com
Ark Sold a Total of 342,658 Shares Across Three of Its Actielya Managed Exchange-Traded Funds (ETFS), Accounting To A Daily Email. The Ark Innovation ETF (Arkk) Offloaded 196,367 Shares, Arkw Sold 92,310 and Arkf Trimmed 53,981.
Circle, The Issuer of the USDC Stablecoin, Rose 13% on the Day, Closing Monday in New York at $ 151.06. It Has Gaished Every Day But Two Since It Listed on June 5. The Shares Have Climbed Almost Fivefold from Their IPO Price of $ 31.
ARK BOUGHT $ 373 Million Werth of Circle On Its First Day of Trading on the NYSE.
Wood’s Fund Also Recently Trimmed Positions in Other Crypto-Linked Firms Like Coinbase (Coin) and Robinhood (Hood).
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