Circle Stock Gains Larger Weighting in VanEck Digital Asset Index Amid USDC Market Developments
The post Circle Stock Gains Larger Weighting in VanEck Digital Asset Index Amid USDC Market Developments appeared on BitcoinEthereumNews.com.
Circle Internet Group’s stock now represents a significant 13% of VanEck’s MVIS Global Digital Assets Equity Index (MVDAPP), underscoring its expanding influence in the crypto sector. The Digital Transformation ETF by VanEck, which tracks MVDAPP, offers investors targeted exposure to leading digital asset companies, including Coinbase and Block, reflecting the evolving landscape of crypto equities. Matthew Sigel, head of VanEck’s digital asset research, noted, “Our total holdings now exceed Circle CEO Jeremy Allaire’s,” highlighting institutional confidence in Circle’s market position. Circle’s stock surge to 13% weighting in VanEck’s MVDAPP index highlights its pivotal role in crypto equities and the growing adoption of USDC stablecoin. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Circle’s Growing Weighting in VanEck’s MVDAPP Index Signals Market Confidence Circle Internet Group (CRCL) has rapidly increased its presence within VanEck’s MVIS Global Digital Assets Equity Index (MVDAPP), now accounting for approximately 13% of the index’s total weighting. This rise from 11% just days prior reflects investor enthusiasm and Circle’s expanding footprint in the digital asset economy. The MVDAPP index, curated by VanEck’s subsidiary, tracks the most liquid and sizable companies deriving at least half their revenue from digital assets, positioning Circle alongside major players such as Coinbase (COIN) and Block (XYZ). VanEck’s Digital Transformation ETF, which mirrors the MVDAPP index, provides a streamlined vehicle for investors seeking diversified exposure to the crypto sector’s leading equities. With…
Filed under: News - @ June 23, 2025 11:22 pm