Cathie Wood’s ARK Invest Sells $146M in Circle Shares Amid 250% Price Surge

Cathie Wood’s ARK Invest has significantly reduced its stake in Circle (CRCL), selling $146.2 million worth of shares as the stock surged nearly 250% since its public debut. Despite the sell-off, ARK remains the eighth-largest Circle shareholder, holding a substantial position in the stablecoin issuer. ARK’s Latest Circle Stock Sale On June 20, ARK offloaded 609,175 Circle shares across three of its ETFs: This marked … Continue reading Cathie Wood’s ARK Invest Sells $146M in Circle Shares Amid 250% Price Surge