Key Points An analyst has downgraded Circle's stock, citing concerns about increased competition and an unsustainable ...

C athie Wood’s ARK Invest on June 23 dumped another 415,844 Circle shares worth approximately $109.6M at $263.45 per share. The company held more than $500M worth of Circle (CRCL) stock in its ...

Recently, Ark has been selling its Coinbase stake and diversifying into other crypto plays. Last week, the firm invested $116 ...

Cathie Wood’s ARK Invest offloaded 225,742 shares of the ARK 21Shares Bitcoin ETF on Tuesday, following a 3-for-1 stock split ...

Cathie Wood’s ARK Invest has increased its Circle selling spree as CRCL stock surged nearly 250% since its public debut. ARK dumped another 609,175 Circle shares from its three funds for $146.2 ...

Ark Invest Sells Circle Shares, CRCL Up 248% Since Debut Friday's sale coincided with a 20.4% gain in CRCL, closing at $240.30, a dramatic jump from its $69 opening price earlier this month.

Cathie Wood’s Ark Invest sold $6.5 million worth of Coinbase Global shares and $5.8 million of Robinhood shares on Thursday.

Friday wasn't the first time that Ark Invest unloaded loosened its grip on Circle stock. The same three ETFs also trimmed their share count on Monday and Tuesday of last week.

Ark Invest sold shares of Coinbase, Robinhood, and Block during a major crypto rally. Stock prices climbed even as the firm reduced its holdings.

Circle remains a big part of Ark Invest's fortunes. Even after last week's substantial selling, it's the third-largest holding across all of Wood's combined ETFs.