The Ark Invest continues to draw income from its stakes in the Circle’s meteoric run as a listed firm. It also bought Coinbase 4,198 shares, worth $ 1.3 million and 319,640 Robinhood shares, worth $ 24.4 million.
The Cathie Wood-Led Investment Firm sells 415,855 Circle sharing with various ETFs, worth $ 109.6 million based on the last close-closecoin operator’s last close-up operator of $ 263.45 on Monday.
Last week, the investment company sold 609,175 circle shares. It first sells circle shares on two other branches.
The Circle, which operates the second largest stablecoin USDC, is listed in the US earlier this month. Since then, the Circle has jumped 7.5 times from the IPO price of $ 31.Aark has quickly submitted Circle shares and reap the revenue ever since.
Read more: Ark Invest Dumps $ 146.3M More Circle Shares After Meteoric 670% IPO Surge
