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On June 10, 2025, Circle's trading volume reached 27.16 billion, a 50.49% decrease from the previous day, ranking 20th in the day's stock market.
(CRCL) fell by 8.10%.Circle's initial public offering (IPO) has sparked a rush of exchange-traded fund (ETF) filings, with investors betting on the hot stablecoin stock. The IPO has attracted significant attention, leading to the filing of several ETFs, including the Bitwise CRCL Option Income Strategy ETF and the ProShares Ultra CRCL ETF.
Circle's IPO has been particularly notable for its rapid rise in share value. Within minutes of trading, Circle's shares saw a threefold increase in value, a rare occurrence in the current IPO market. This surge has opened the floodgates for further investment, with asset management firms and other financial institutions quickly moving to capitalize on the demand for stablecoins.
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