Ark Invest sells $51.7 million worth of Circle shares as Circle stock price hits new high

BlockBeats News: On June 17th, according to The Block, as Circle's stock price hit a new high, Cathie Wood's Ark Invest sold a total of 342658 shares of Circle Internet Group Inc. through its three ETFs on Monday, valued at approximately $51.7 million. According to the latest transaction documents, ARK Innovation ETF (ARKK) sold 196367 Circle shares on the same day, ARK Next Generation Internet ETF (ARKW) sold 92310 shares, and ARK Financial Technology Innovation ETF (ARKF) also reduced 53981 shares of the stable currency issuer.