Ark Invest increased its holdings of CRCL by 116,000 shares yesterday, totaling approximately $11.6 million in value

BlockBeats News, March 25th, yesterday, due to the release of the Clarity Act revision, which prohibits stablecoin issuers from directly or indirectly paying interest to users solely for holding the stablecoin, CRCL plummeted by 17.63%. However, Ark Invest, led by Cathie Wood, counter–market added to its CRCL position, acquiring an additional 116,000 shares of CRCL, worth approximately $11.6 million.