🚨 ARK Invest Dumps $45M in Circle Shares Right After GENIUS Act Passes! 🤯
Hey Binance Square fam! 👋
Big moves in the market 👀 — Cathie Wood’s $ARK Invest just sold $44.7 MILLION worth of Circle (CRCL) shares across three ETFs... and the timing is wild.
Why? Because the U.S. Senate just passed the GENIUS Act, a massive regulatory win for stablecoins like Circle! 🎯
🧠 So What’s the GENIUS Act?
It’s a new law designed to bring clear rules to stablecoins — something the crypto industry’s been begging for. Even Circle’s CEO Jeremy Allaire called it a “genius” move. 😅
🏦 So Why Did $ARK Sell Circle?
While CRCL is still pumping and closed at $149.15, it looks like $ARK is just taking profits after a strong post-IPO rally. And guess what? They're rotating that cash into AMD and Taiwan Semiconductor — AI and chip plays. 🧠⚙️
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🔍 TL;DR:
ARK sold 300,000+ Circle shares
GENIUS Act just passed in Senate = win for stablecoins
ARK now doubling down on AI & chip stocks
📊 Smart move? Or too early to sell Circle? Let’s talk below! 👇
Follow Crypto_-Nova for more sharp crypto insights! 🚀
#ARK
Big moves in the market 👀 — Cathie Wood’s $ARK Invest just sold $44.7 MILLION worth of Circle (CRCL) shares across three ETFs... and the timing is wild.
Why? Because the U.S. Senate just passed the GENIUS Act, a massive regulatory win for stablecoins like Circle! 🎯
🧠 So What’s the GENIUS Act?
It’s a new law designed to bring clear rules to stablecoins — something the crypto industry’s been begging for. Even Circle’s CEO Jeremy Allaire called it a “genius” move. 😅
🏦 So Why Did $ARK Sell Circle?
While CRCL is still pumping and closed at $149.15, it looks like $ARK is just taking profits after a strong post-IPO rally. And guess what? They're rotating that cash into AMD and Taiwan Semiconductor — AI and chip plays. 🧠⚙️
---
🔍 TL;DR:
ARK sold 300,000+ Circle shares
GENIUS Act just passed in Senate = win for stablecoins
ARK now doubling down on AI & chip stocks
📊 Smart move? Or too early to sell Circle? Let’s talk below! 👇
Follow Crypto_-Nova for more sharp crypto insights! 🚀
#ARK
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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