Circle has been removed from multiple Russell Growth Indexes, including the Russell 1000, Russell 3000, etc.

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Jinse Finance reports that on July 1, according to Simply Wall St, Circle Internet Group (NYSE: CRCL) has been removed from multiple Russell Growth Indexes, including the Russell 1000 Growth Index, Russell 3000 Growth Index, and Russell Mid-Cap Growth Index. This adjustment is part of Russell's latest annual constituent rebalancing.
This removal has a substantial impact on Circle's visibility among index funds and certain institutional investors. Although Circle's core business still revolves around the USDC stablecoin and tokenized capital markets, the index removal could affect passive fund allocation tracking these benchmarks, leading to mechanical selling or reduced future buying interest.
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