Gate News bot message, according to The Block, Ark Invest, led by Cathie Wood, purchased 4.4866 million shares on the first day of Circle (CRCL) listing. Based on the closing price of that day, the market capitalization of these holdings reached $373 million.
At the same time, Ark Invest chose to reduce its holdings in several cryptocurrency-related assets, including Coinbase, Robinhood, Block, and its own Bitcoin spot ETF. Data shows that Circle's stock closed up by 168.5% on its first day of trading.
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Ark Invest purchased Circle stocks on the first day while reducing holdings in multiple Crypto Assets-related stocks.
Gate News bot message, according to The Block, Ark Invest, led by Cathie Wood, purchased 4.4866 million shares on the first day of Circle (CRCL) listing. Based on the closing price of that day, the market capitalization of these holdings reached $373 million.
At the same time, Ark Invest chose to reduce its holdings in several cryptocurrency-related assets, including Coinbase, Robinhood, Block, and its own Bitcoin spot ETF. Data shows that Circle's stock closed up by 168.5% on its first day of trading.
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