BlockBeats news, on June 17, according to The Block, as Circle's stock price reached a new high, Cathie Wood's Ark Invest sold a total of 342,658 shares of Circle Internet Group Inc. through its three exchange-traded funds (ETFs) on Monday, worth approximately $51.7 million.
The latest trading documents show that ARK Innovation ETF (ARKK) sold 196,367 shares of Circle stock on the same day, ARK Next Generation Internet ETF (ARKW) sold 92,310 shares, and ARK Fintech Innovation ETF (ARKF) also reduced its holdings by 53,981 shares of the stablecoin issuer.