Ark Invest increased its holdings by 116,000 shares of CRCL yesterday, valued at approximately $11.6 million.
BlockBeats News, on March 25, yesterday the revised Clarity Act was released, prohibiting stablecoin issuers from directly or indirectly paying interest to users simply for holding stablecoins. CRCL fell sharply by 17.63%, but Cathie Wood's Ark Invest bucked the trend by increasing its CRCL position, adding 116,000 shares of CRCL worth about $11.6 million.
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