Ark Invest sells $ 44.7 million in CRCL shares, since the genius law approves the Senate



Ark Invest de Cathie Wood sold 300,108 Combined Shares of Circle Internet Group On Tuesday, in three of his ETF, continuing obtaining profits for a second consecutive day, this time for a sum of $ 44.7 million.

The measure occurred when CRCL closed in New York on Tuesday at $ 149.15, since it continues to maintain the impulse of investors after a demonstration of monsters during their first days of negotiation earlier this month.

Ark’s cut of his CRCL position coincided with an important political milestone: the bipartisan approval of the United States of the United States, a bill designed to regulate Stablecoin issuers as Circle.

The law is considered a victory of the industry, and was well received by the CEO of Circle, Jeremy Allaire, who called it a “genieta” legislation in an X position.

An investor notice indicates that as Ark sold CRCL, he increased his positions in the AMD Chips designer, which has been described as a work of the infravalua after the launch of his recent road map, as well as the Taiwan semiconductor, a chip manufacturing company.

Read more: Ark Invest Download more than $ 50 million in circular shares as the shares extend the rally



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