Cathie Woods ARK Invest increased its exposure to Circle Internet Group (NYSE: CRCL) after the stablecoin issuers shares experienced a steep decline. According to ARK Invests latest daily trading disclosure, the investment firm purchased a combined 287,609 Circle shares across three of its exchange-traded funds, signaling confidence in the company despite recent market weakness. Based on Circles Wednesday closing price of $61.95, the total purchase was worth approximately $17.82 million. The largest allocation came from the ARK Innovation ETF (ARKK), which acquired 210,343 shares. The ARK… Read more
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