Ark Invest, directed by Cathie Wood, made an important sales in Circle shares in its portfolio. On Monday, the sale of the company behind the Stablecoin USDC company reported that a total of 51.8 million dollars worth of sales. This sales came after the rapid rise in Circle shares.
Remarkable sales in ETFs
The sales process took place in three different stock market investment funds of Ark Invest. According to a statement, Ark Innovation ETF (ARKK) 196,367 Stores, ARKW 92.310 shares and Arkf displayed a total of 342,658 shares by selling 53.981 shares. This move, Circle shares after the serious value of the gaining value drew attention.
Circle closed the shares on Monday at $ 151.06 in New York. The share price has risen every day, except for two days since June 5, when it was offered to the public, and reached almost five times the first public offering price.
Circle’s fast rise and Ark’s strategy
Circle is known as the exporter of the US -based USDC stablecoin. Following the public offering process, the company’s shares experienced a significant increase in value with investor interest. The rapid rise of these shares formed the ground for the re -balance of various investment funds in their portfolios.
Ark Invest received a Circle shares worth $ 373 million in the first day when Circle shares started to be traded on the stock market. This great purchase re -revealed the intense interest of the fund to crypto -related companies. The company continues to make changes in its portfolio regularly according to market conditions.
Regulation in similar sector companies
Ark Invest is taking similar steps not only in Circle shares, but also in other companies associated with crypto. Especially in recent years, companies such as Coinbase and Robinhood have been reduced. These preferences show the seriousness of risk management practices in crypto -themed stocks with high volatility in the financial sector.
“We continue to organize our positions in parallel with market movements in companies associated with crypto in our portfolio.” expressions were used.
With the rapid rise of Circle shares, the update of Ark’s position in this area can be considered as a strategic step in terms of profit realization of investors and long -term risk assessment. The value of the company’s shares in a short time shows that it is a dynamic far from stasis in the financial markets.
Circle and other crypto -linked companies offer remarkable examples in terms of stock movements, portfolio diversification of investors in the sector and risk management practices. Ark Invest’s moves are among the examples that show the reward of developments in crypto markets in the traditional financial world.
This sales process, led by Cathie Wood in Ark Invest in Circle shares, reveals that investment funds can make active and fast decisions under wavy market conditions. The rapid changes in the value of stocks emphasize the importance of remaining up -to -date in the risk management approach of investors.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
