Circle Stock Becomes Top Holding in VanEck Digital Asset Index at 13% Weight


$CRCL shares now represent the largest component of VanEck's MVIS Global Digital Assets Equity Index, accounting for 13% of the benchmark.


The stablecoin issuer's weighting increased from approximately 11% on Friday, highlighting Circle's growing influence in the crypto economy.


VanEck's Digital Transformation ETF tracks the MVDAPP index, providing investors exposure to 24 companies generating at least 50% revenue from digital assets.


Circle began trading on NYSE less than three weeks ago, surging 167% on its first day from a $31 IPO price.


$CRCL stock has climbed 750% above its initial offering price, rising over 11% on Monday to $263.


#Circle issues $USDC, the second-largest stablecoin, positioned to benefit from the pending GENIUS Act if it passes the House.

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June 24, 2025 at 12:52 AM
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