The Ark Invest by Cathie Wood reduced its assets to its large circle position (CRCL) on Monday, selling a value of $ 51.8 million, while the actions of the Stablecoin transmitter extended its rally.
ARK sold a total of 342,658 shares out of three of its funds (ETF) negotiated on the stock market managed actively, according to a daily email. The ARK Innovation ETF (ARKK) discharged 196,367 actions, ARKW sold 92 310 and ARKF cut 53,981.
Circle, the USDC Stablecoin transmitter, increased by 13% during the day, ending in New York on Monday at $ 151.06. He won every day, but two since his registration on June 5. Actions have almost five times among their $ 31 IPO.
Ark bought for $ 373 million in circle on its first day of negotiation on the NYSE.
The Wood Fund has also recently reduced positions in other companies related to cryptography such as Coinbase (Coin) and Robinhood (Hood).
