Bullish
ARK Invest Adds $6.83M in Circle Shares and $98K in Solana Staking ETF
2026-08-01 08:34:55
Cathie Wood's firm disclosed new positions in Circle and a Solana staking product, signaling institutional interest in stablecoin issuers and crypto infrastructure.
Woofun AI reports that ARK Invest disclosed its trading activity for July 31, acquiring 109,127 shares of Circle (CRCL) valued at approximately $6.83 million at $62.61 per share. The firm also purchased 11,784 shares of the 3iQ Solana Staking ETF (SOLQ.U), worth roughly $98,000 at $8.33 per share.
WOOFUN AI
Impact Assessment · Quick Read
This accumulation highlights continued institutional focus on regulated stablecoin infrastructure and Solana ecosystem exposure. The significant Circle position may reflect confidence in its upcoming public market performance, while the Solana ETF purchase indicates targeted allocation to staking yields within the Solana network.
Generated by WOOFUN AI · For reference only, not investment advice
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