ARK Invest from Cathie Wood reduces shares in Circle (CRCL) by another $ 44.7 million

ARK Invest from Cathie Wood reduces shares in Circle (CRCL) by another $ 44.7 million

Ark Invest sells further shares in Circle (CRCL)

On June 17, 2023, Ark Invest, which is managed by Cathie Wood, sold further shares in Circle (CRCL) worth $ 44.7 million. The sale is part of a continuous strategy of the company to reduce its position in Circle.

CIRCLE is known for its role in the field of cryptocurrencies and digital payments, and farewell to a significant share could have an impact on the company's perception.

Ark Invest is an active player in the investment area who often makes headlines when it comes to adapting his portfolios. The decision to sell further shares could indicate both market considerations and the general performance of the company.

In the rapidly developing landscape of digital assets and blockchain technology, circle remains an important player that remains of interest to investors.