ARK Invest Buys Nearly 4.5 Million Shares of CRCL on Listing Day on Circle, Holding Valued at $373 Million

BlockBeats News, June 6th, according to Coindesk, Cathie Wood's ARK Invest bought nearly 4.5 million shares on the debut trading day of stablecoin issuer Circle (stock code: CRCL). Based on the closing price of the day, the position value reached $373 million.

ARK Invest has included USDC issuer Circle in its investment portfolio, joining other crypto-related companies such as Coinbase (COIN), Robinhood (HOOD), and Block (XYZ) to provide exposure to the crypto industry.