Circle Stock Hits New Peak, Up 270% Since IPO as Institutional Interest in CRCL Explodes

Decrypt06-10

In briefCircle surged to $115 on its third trading day, up 270% from its $31 IPO price.Major investors including SBI Holdings and ARK Invest bought significant stakes.Multiple ETFs have been filed to ...

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alexlim8888
06-10
alexlim8888
it will crash soon
MIe
06-10
MIe
Circle ipo upside with more demand buy

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCircle Stock Hits New Peak, Up 270% Since IPO as Institutional Interest in CRCL Explodes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-06-10 08:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest><strong>Decrypt</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In briefCircle surged to $115 on its third trading day, up 270% from its $31 IPO price.Major investors including SBI Holdings and ARK Invest bought significant stakes.Multiple ETFs have been filed to ...</p>\n\n<a href=\"https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRCL","symbol_name":"Circle Internet Corp.","start_time":0,"source_url":"https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest","article_id":"2542633486","we_media_id":null,"thumbnails":[],"rights":{"source":"decrypt_highlight","url":"https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2542633486","pubTimestamp":1749516688,"columns":[],"sourceInfo":{"source_id":"decrypt_highlight","name":"Decrypt"},"weMediaInfo":null,"summary":"Circle stock rockets 347% in three days as institutions pile in, but rate cuts loom as a potential headwind for the stablecoin issuer.","collect":0,"end_time":0,"defaultTopTitle":"decrypt.co","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRCL":"Circle Internet Corp."},"translate_title":"机构对CRCL的兴趣激增，Circle股价创下新高，自IPO以来上涨270%","themeId":"fa23ee89c937802fbff994302e92c688","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRCL":1.1},"content_text":"In briefCircle surged to $115 on its third trading day, up 270% from its $31 IPO price.Major investors including SBI Holdings and ARK Invest bought significant stakes.Multiple ETFs have been filed to track Circle, though rate cuts could hurt the company's interest-based revenue model.USDC issuer Circle surged on its third trading day, climbing to a record intraday high of $138.57 Monday morning amid a wave of continued institutional and retail enthusiasm.The stock, which debuted on Thursday after pricing its IPO at $31 per share, posting a roughly 270% gain from its offering price to its Monday closing price. Investors have moved nearly 37 million CRCL shares already Monday, meaning that the company could top the 60.7 million shares that traded during Friday's session.Japanese financial services company SBI Holdings confirmed Monday that it invested $50 million into the newly public stablecoin issuer. \"Amid strong demand from numerous institutional investors, etc., the SBI Group secured one of the largest allocations of Circle shares,\" the company wrote in a press release.And on Circle's opening day, Cathie Wood's ARK Invest trimmed its positions in Robinhood, Coinbase, and Block to buy 4.48 million shares of CRCL. As it stands, the company's flagship ARK Innovation ETF, ARK Next Generation Internet ETF, and the ARK Fintech Innovation ETF now hold a combined 4,431,862 CRCL shares.Assuming ARK got in at the $31 IPO price, the firm could be sitting on an unrealized gain of more than $524 million, or 281%.There are other signs of intense institutional interest. Fund manager ProShares filed on Friday to offer an Ultra CRCL ETF. The fund would be a leveraged play, meaning that its objective is to double the gains or loses that the stock sees on a given day, according to its prospectus.Meanwhile, the Bitwise CRCL Option Income Strategy ETF sets out to be a covered-call style ETF. That means the fund managers would generate income for investors by selling call options on CRCL shares.It's worth noting that Circle makes almost all of its revenue from interest earned on the cash it uses to back its stablecoins. That means a rate cut—which crypto investors are otherwise very happy to see because it triggers reallocation into digital assets—could be bad for the USDC issuer's bottom line.Currently, 53% of investors think the Federal Open Markets Committee could announce a rate cut of 25 basis points following the group's September 17 meeting, according to the CME FedWatch Tool.FundStrat analyst Sean Farrell estimated on X last week that every 25 basis point cut the FOMC makes to interest rates could reduce Circle's 2026 EBITDA by $100 million.We received numerous questions regarding CRCL. That makes sense given it's the most significant crypto IPO since COIN. Below is an excerpt from the report we sent out to clients this week. The tldr was basically: the company has challenging economics, but don't midcurve the…— Sean Farrell (@SeanMFarrell) June 7, 2025\"Circle operates in a vertical we expect to grow exponentially over the next decade, but it is not the market leader and lacks control over distribution,\" he added. \"It is levered to interest rates, with lower rates hurting earnings. In a world where rates fall while stablecoin adoption rises, investors may be better served by liquid crypto assets and equities more directly tied to crypto prices.\"","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":444448482599408,"gmtCreate":1749532325194,"gmtModify":1749534843803,"author":{"id":"3582693148665397","authorId":"3582693148665397","name":"alexlim8888","avatar":"https://community-static.tradeup.com/news/017dfb87e6c5d65cb09e416081a238aa","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3582693148665397","idStr":"3582693148665397"},"htmlText":"it will crash soon","listText":"it will crash soon","text":"it will crash soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/444448482599408","repostId":2542633486,"repostType":2,"repost":{"id":"2542633486","kind":"highlight","pubTimestamp":1749516688,"share":"https://ttm.financial/m/news/2542633486?lang=en_US&edition=fundamental","pubTime":"2025-06-10 08:51","market":"us","language":"en","title":"Circle Stock Hits New Peak, Up 270% Since IPO as Institutional Interest in CRCL Explodes","url":"https://stock-news.laohu8.com/highlight/detail?id=2542633486","media":"Decrypt","summary":"Circle stock rockets 347% in three days as institutions pile in, but rate cuts loom as a potential headwind for the stablecoin issuer.","content":"<div>\n<p>In briefCircle surged to $115 on its third trading day, up 270% from its $31 IPO price.Major investors including SBI Holdings and ARK Invest bought significant stakes.Multiple ETFs have been filed to ...</p>\n\n<a href=\"https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest\">Source Link</a>\n\n</div>\n","source":"decrypt_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCircle Stock Hits New Peak, Up 270% Since IPO as Institutional Interest in CRCL Explodes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-06-10 08:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest><strong>Decrypt</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In briefCircle surged to $115 on its third trading day, up 270% from its $31 IPO price.Major investors including SBI Holdings and ARK Invest bought significant stakes.Multiple ETFs have been filed to ...</p>\n\n<a href=\"https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRCL":"Circle Internet Corp."},"source_url":"https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2542633486","content_text":"In briefCircle surged to $115 on its third trading day, up 270% from its $31 IPO price.Major investors including SBI Holdings and ARK Invest bought significant stakes.Multiple ETFs have been filed to track Circle, though rate cuts could hurt the company's interest-based revenue model.USDC issuer Circle surged on its third trading day, climbing to a record intraday high of $138.57 Monday morning amid a wave of continued institutional and retail enthusiasm.The stock, which debuted on Thursday after pricing its IPO at $31 per share, posting a roughly 270% gain from its offering price to its Monday closing price. Investors have moved nearly 37 million CRCL shares already Monday, meaning that the company could top the 60.7 million shares that traded during Friday's session.Japanese financial services company SBI Holdings confirmed Monday that it invested $50 million into the newly public stablecoin issuer. \"Amid strong demand from numerous institutional investors, etc., the SBI Group secured one of the largest allocations of Circle shares,\" the company wrote in a press release.And on Circle's opening day, Cathie Wood's ARK Invest trimmed its positions in Robinhood, Coinbase, and Block to buy 4.48 million shares of CRCL. As it stands, the company's flagship ARK Innovation ETF, ARK Next Generation Internet ETF, and the ARK Fintech Innovation ETF now hold a combined 4,431,862 CRCL shares.Assuming ARK got in at the $31 IPO price, the firm could be sitting on an unrealized gain of more than $524 million, or 281%.There are other signs of intense institutional interest. Fund manager ProShares filed on Friday to offer an Ultra CRCL ETF. The fund would be a leveraged play, meaning that its objective is to double the gains or loses that the stock sees on a given day, according to its prospectus.Meanwhile, the Bitwise CRCL Option Income Strategy ETF sets out to be a covered-call style ETF. That means the fund managers would generate income for investors by selling call options on CRCL shares.It's worth noting that Circle makes almost all of its revenue from interest earned on the cash it uses to back its stablecoins. That means a rate cut—which crypto investors are otherwise very happy to see because it triggers reallocation into digital assets—could be bad for the USDC issuer's bottom line.Currently, 53% of investors think the Federal Open Markets Committee could announce a rate cut of 25 basis points following the group's September 17 meeting, according to the CME FedWatch Tool.FundStrat analyst Sean Farrell estimated on X last week that every 25 basis point cut the FOMC makes to interest rates could reduce Circle's 2026 EBITDA by $100 million.We received numerous questions regarding CRCL. That makes sense given it's the most significant crypto IPO since COIN. Below is an excerpt from the report we sent out to clients this week. The tldr was basically: the company has challenging economics, but don't midcurve the…— Sean Farrell (@SeanMFarrell) June 7, 2025\"Circle operates in a vertical we expect to grow exponentially over the next decade, but it is not the market leader and lacks control over distribution,\" he added. \"It is levered to interest rates, with lower rates hurting earnings. In a world where rates fall while stablecoin adoption rises, investors may be better served by liquid crypto assets and equities more directly tied to crypto prices.\"","news_type":1,"symbols_score_info":{"CRCL":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":444392731255176,"gmtCreate":1749518887062,"gmtModify":1749518891178,"author":{"id":"3577182936341023","authorId":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3577182936341023","idStr":"3577182936341023"},"htmlText":"Circle ipo upside with more demand buy","listText":"Circle ipo upside with more demand buy","text":"Circle ipo upside with more demand buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/444392731255176","repostId":2542633486,"repostType":4,"repost":{"id":"2542633486","kind":"highlight","pubTimestamp":1749516688,"share":"https://ttm.financial/m/news/2542633486?lang=en_US&edition=fundamental","pubTime":"2025-06-10 08:51","market":"us","language":"en","title":"Circle Stock Hits New Peak, Up 270% Since IPO as Institutional Interest in CRCL Explodes","url":"https://stock-news.laohu8.com/highlight/detail?id=2542633486","media":"Decrypt","summary":"Circle stock rockets 347% in three days as institutions pile in, but rate cuts loom as a potential headwind for the stablecoin issuer.","content":"<div>\n<p>In briefCircle surged to $115 on its third trading day, up 270% from its $31 IPO price.Major investors including SBI Holdings and ARK Invest bought significant stakes.Multiple ETFs have been filed to ...</p>\n\n<a href=\"https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest\">Source Link</a>\n\n</div>\n","source":"decrypt_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCircle Stock Hits New Peak, Up 270% Since IPO as Institutional Interest in CRCL Explodes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-06-10 08:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest><strong>Decrypt</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In briefCircle surged to $115 on its third trading day, up 270% from its $31 IPO price.Major investors including SBI Holdings and ARK Invest bought significant stakes.Multiple ETFs have been filed to ...</p>\n\n<a href=\"https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRCL":"Circle Internet Corp."},"source_url":"https://decrypt.co//324202/circle-new-peak-up-347-since-ipo-institutional-interest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2542633486","content_text":"In briefCircle surged to $115 on its third trading day, up 270% from its $31 IPO price.Major investors including SBI Holdings and ARK Invest bought significant stakes.Multiple ETFs have been filed to track Circle, though rate cuts could hurt the company's interest-based revenue model.USDC issuer Circle surged on its third trading day, climbing to a record intraday high of $138.57 Monday morning amid a wave of continued institutional and retail enthusiasm.The stock, which debuted on Thursday after pricing its IPO at $31 per share, posting a roughly 270% gain from its offering price to its Monday closing price. Investors have moved nearly 37 million CRCL shares already Monday, meaning that the company could top the 60.7 million shares that traded during Friday's session.Japanese financial services company SBI Holdings confirmed Monday that it invested $50 million into the newly public stablecoin issuer. \"Amid strong demand from numerous institutional investors, etc., the SBI Group secured one of the largest allocations of Circle shares,\" the company wrote in a press release.And on Circle's opening day, Cathie Wood's ARK Invest trimmed its positions in Robinhood, Coinbase, and Block to buy 4.48 million shares of CRCL. As it stands, the company's flagship ARK Innovation ETF, ARK Next Generation Internet ETF, and the ARK Fintech Innovation ETF now hold a combined 4,431,862 CRCL shares.Assuming ARK got in at the $31 IPO price, the firm could be sitting on an unrealized gain of more than $524 million, or 281%.There are other signs of intense institutional interest. Fund manager ProShares filed on Friday to offer an Ultra CRCL ETF. The fund would be a leveraged play, meaning that its objective is to double the gains or loses that the stock sees on a given day, according to its prospectus.Meanwhile, the Bitwise CRCL Option Income Strategy ETF sets out to be a covered-call style ETF. That means the fund managers would generate income for investors by selling call options on CRCL shares.It's worth noting that Circle makes almost all of its revenue from interest earned on the cash it uses to back its stablecoins. That means a rate cut—which crypto investors are otherwise very happy to see because it triggers reallocation into digital assets—could be bad for the USDC issuer's bottom line.Currently, 53% of investors think the Federal Open Markets Committee could announce a rate cut of 25 basis points following the group's September 17 meeting, according to the CME FedWatch Tool.FundStrat analyst Sean Farrell estimated on X last week that every 25 basis point cut the FOMC makes to interest rates could reduce Circle's 2026 EBITDA by $100 million.We received numerous questions regarding CRCL. That makes sense given it's the most significant crypto IPO since COIN. Below is an excerpt from the report we sent out to clients this week. The tldr was basically: the company has challenging economics, but don't midcurve the…— Sean Farrell (@SeanMFarrell) June 7, 2025\"Circle operates in a vertical we expect to grow exponentially over the next decade, but it is not the market leader and lacks control over distribution,\" he added. \"It is levered to interest rates, with lower rates hurting earnings. In a world where rates fall while stablecoin adoption rises, investors may be better served by liquid crypto assets and equities more directly tied to crypto prices.\"","news_type":1,"symbols_score_info":{"CRCL":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":2,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2542633486","isCrawlerRequest":true}