NASDAQ:CIRC - Nasdaq - US46654Q4010 - ETF - Currency: USD
U.S. President Donald Trump's administration has embraced cryptocurrencies and pledged a more "rational" approach to digital asset regulations, encouraging companies from the industry to go public. New York-based Circle and some existing investors are looking to raise up to $624 million by offering 24 million shares priced between $24 and $26 apiece. Cathie Wood's ARK Investment Management has indicated its intention to buy up to $150 million shares of Circle in the IPO.
The upcoming closures of two of JPMorgan’s socially conscious exchange-traded funds are shining a spotlight on the vanishing appetite for environmental, social and governance products.
Mentions: OTC