Ark Invest buys $2.9M of Circle stock via ARKW ETF
- —Ark Invest bought 35,403 Circle shares for roughly $2.9 million
- —The purchase was made through the ARKW ETF on Tuesday
- —Circle stock gained 2.18% to close at $81.58
Why it matters: The purchase by a major asset manager signals continued institutional interest in the USDC issuer's equity after its pullback.
Source: PANews