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TechFlow, June 18 — According to The Block, Cathie Wood's Ark Invest sold another $44.76 million worth of Circle shares on Tuesday, following Monday's sale of $51.7 million in shares. Despite the sell-off, Circle's stock closed at $149.15 on Tuesday, still significantly above its $31 IPO price. The sale involved three ETFs: ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.
According to The Block, Cathie Wood's Ark Invest sold another $44.76 million worth of Circle shares on Tuesday, following Monday's sale of $51.7 million in shares. Despite the sales, Circle's stock closed at $149.15 on Tuesday, still significantly above its $31 IPO price. The latest sale involved three ETFs: ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.
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