Cathie Wood’s Ark Invest chases Circle (CRC) stock as it hits a two-month high

CoinDesk Staff

(09:05 AM UTC)

1 min read

Circle shares rose 16% to $131.76 on Monday, their highest closing price since March 18.

Ark Invest bought $5.5 million worth of shares in Circle Internet (CRCL) on Monday as the stablecoin developer's stock pumped following its first-quarter earnings report.

The St. Petersburg, Florida-based investment manager added 41,904 shares across three of its exchange-traded funds (ETFs): Innovation…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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