Cathy Wood's Ark Investment sold $44.76 million of Circle shares again on Tuesday while stablecoin issuer Circle Internet Group's shares continued to be much higher than the recent IPO price. The agency had just sold $51.7 million of shares the day before. According to the latest documents submitted by Ark Investment, its three exchange-traded funds completed their holdings reduction on Tuesday: Ark Innovation ETF sold 208,654 Circle shares, Ark Next-Generation Internet ETF sold 65,320 shares, and Ark Fintech Innovation ETF also reduced their holdings by 26,134 shares.

Cathy Wood's Ark Investment sold $44.76 million of Circle shares again on Tuesday while stablecoin issuer Circle Internet Group's shares continued to be much higher than the recent IPO price. The agency had just sold $51.7 million of shares the day before. According to the latest documents submitted by Ark Investment, its three exchange-traded funds completed their holdings reduction on Tuesday: Ark Innovation ETF sold 208,654 Circle shares, Ark Next-Generation Internet ETF sold 65,320 shares, and Ark Fintech Innovation ETF also reduced their holdings by 26,134 shares.