Ark Invest Continues to Dump Circle Shares, Buys Robinhood and Coinbase
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币界网报道：Ark Invest has further reduced its stake in Circle, selling 415,855 shares across its ETFs worth $109.6 million based on Circle's Monday closing price of $263.45. This follows last week's sale of 609,175 Circle shares, continuing the firm's profit-taking strategy after Circle's 7.5x surge from its $31 IPO price earlier this month. Simultaneously, Ark invested $1.3 million in Coinbase (4,198 shares) and $24.4 million in Robinhood (319,640 shares). The Cathie Wood-led firm has been actively trading Circle shares since the stablecoin issuer's market debut, capitalizing on its rapid growth as the operator of USDC, the second-largest stablecoin.
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