ARK Invest Sells $52M in Circle Shares Days After IPO Surge

June 19, 2025

Catenaa, Thursday, June 19, 2025- ARK Invest sold $51.7 million worth of Circle shares just 11 days after the stablecoin issuer’s explosive trading debut, prompting questions over whether the move signals early profit-taking or concern about the stock’s sustainability. Cathie Wood’s investment firm offloaded 342,658 Circle (CRCL) shares on Monday, reducing its initial stake by […]