- Company Ark Invest acquired $5,5 million in Circle Internet Group shares through three of its exchange-traded funds.
- Circle shares rose 15,91% to $131,76 after the stablecoin issuer reported first-quarter 2026 results.
Monday, May 11 Ark Invest, led by Cathie Wood, acquired approximately $5,5 million in Circle shares through three of its exchange-traded funds. In total, the investment firm purchased 41,904 Circle Internet Group shares for its Innovation (ARKK), Next Generation Internet (ARKW), and Blockchain and Fintech Innovation (ARKF) funds.
Now the issuer of USDT which usually takes sixth place among the largest holdings in ARKK ETF with a 4,6% stake and a market value of $306,5 million, behind Tesla, Advanced Micro Devices, CRISPR Therapeutics, Tempus AI, and Roku. Circle is also the fourth-largest holding in ARKW with a 4,58% stake and a market value of $82,3 million, and the second-largest holding in ARKF with a 6,66% stake and a market value of $56 million.
Buy Ark coincided with a rise in Circle shares, which, as сообщаетсяCircle shares rose 15,91%, closing Monday at $131,76. Over the past month, Circle shares have gained 49,7% in value, and 66,2% year-to-date.
On Monday morning, Circle опубликовала The company reported its first-quarter 2026 results, reporting total revenue of $694 million, up 20% year-on-year. Net profit was down 15% year-on-year to $55 million.
Also in Circle told They raised $222 million in their Arc token pre-sale. Investors include a16z crypto, BlackRock, Apollo, and Intercontinental Exchange.
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