Ark Cathie Wood sheds further shares worth USD 45 million

Ark Invest, a cryptocurrency -friendly investment company founded by Bitcoin Bull Cathie Wood, continue to sell the Emiters Circle Emiters Circle shares with USDC Stablecoin, relieving almost $ 100 million in two days.

According to the commercial notification, Cointelegraph dropped another 300 108 shares from three funds for $ 44.7 million.

Sales occurred among the shares in a circle by 1.3% during the day, and the shares were closed to 149 USD after reaching a peak above USD 165 on Monday, According to For TradingView data.

The drop occurred despite the positive messages of Stablecoin, and the US Senate handed over the brilliant bill of the Stablecoin Act in voting on Tuesday 68-30.

Ark 642 766 Circle shares in two days

The latest sales of ARK inventory included transactions from three ARK funds, including Ark Innovation ETF (ARKK), ETF ETF Ark Next Generation (ARKW) and Ark Fintech Innovation (ARKF).

The largest fund, Arkk, sold 208,654 CRCL shares, while Arkw and Arkf unloaded 65,320 shares and 26 134 shares respectively.

Ark sold 300 108 actions circle from Arkk, ARKW and Arkf on June 17. Source: Ark Invest

Over the past two days, ARK has dropped a total of 642,766 shares for about USD 96.5 million.

Related: Stablecouins will soon have his “moment of iPhone”, Circle General CEO

The amount sold is about 14% of 4.49 million CRCL Ark purchases made during the public premiere of Circle on June 5, which costs USD 373.4 million based on the closing price of that day.

Who else sells?

Apart from the ARK, none of the main investors from the public circle has so far been sold by CRCL shares. Blackrock, which apparently planned to take 10% of shares in the initial public offer of Circle (IPO), did not report any CRCL shares.

Jeremy Allaire, Circle General Director, who was a co -founder of the company in 2013, was cut off about 8% of his shares in IPO, selling 1.58 million shares, According to to the prospectus. Co-founder and former general director Sean Neville and financial director Jeremy Fox-Geen sold 684 083 shares and 178,991 shares, respectively, which is 11% of their resources.

The founder and general director of Ark Invest Wood is known as Bitcoin Bitcoin (BTC). In February 2025, she predicted that Bitcoin could reach $ 1.5 million by 2030 due to the growing reception of institutions and the growing demand for BTC as a class of asset.

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