Cathie Wood's ARK starts week with fresh $110M Circle stock dump

INSUBCONTINENT EXCLUSIVE:
$243 million.ARK sold another 415,844 Circle shares from its funds for $109.6 million on Monday, according to a trade notification seen by
Cointelegraph.The transactions marked the fourth Circle dump by ARK since the asset manager started offloading CRCL shares on June 16, just
Source: ARK InvestWith the new sale, ARK has now sold about 1.7 million Circle shares, which accounts for 37% of its 4.5 million CRCL
including the ARK Innovation ETF (ARKK), ARK Next Generation internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF).ARKK, the largest ARK
fund with assets under management (AUM) of $5.6 billion, sold 306,921 Circle shares on Monday and still holds about 1.7 million shares,
Source: ARK InvestThe two other funds, ARKW and ARKF, offloaded 72,302 shares and 36,621 shares, respectively, resulting in holdings of
with the stock briefly topping at $299 on Monday, according to NYSE data.The notable appreciation of Circle shares led to a surge in its
historic prices since June 13
Source: NYSEAccording to CompaniesMarketCap data, Circle Internet Group is now the 324th largest public company worldwide, with a market