Cathie Wood's Ark Invest Unleashes Another Massive Dump on Circle Shares!

Fourth Major Sell-Off in a Week: $110 Million Gone!

Holy smokes, folks! Cathie Wood and her Ark Invest crew are on a wild ride, and they're not hitting the brakes on their Circle shares sell-off. They just dropped another huge chunk as part of their relentless portfolio shuffle. Buckle up!

On Monday, June 23, 2025, Ark Invest let go of a massive slice of their million-dollar stake in CRCL, the hot new stock from stablecoin issuer Circle. We're talking about a cool $110 million sale, marking their fourth big dump in less than a week. And get this—it's just one day after they offloaded a whopping $146.2 million worth of shares. These guys are on fire!

ARK spread the love across their funds. The ARK Innovation ETF (ARKK) ditched 306,921 units of the shares, the ARK Next Generation Internet ETF (ARKW) said goodbye to 72,302, and the ARK Fintech Innovation ETF (ARKF) tossed out 36,621. It's a three-part sale extravaganza!

Here's every move Cathie Wood and Ark Invest made in the stock market today 6/23. Check it out!

CRCL Soaring High as Ark Cashes In

What's wild is that CRCL is still rocketing up while Ark's cashing in on those early gains. At the time of writing, it's trading at a sizzling $263.45. This bad boy started at just $31 a few weeks ago and even hit near $300 during Monday's intraday trading. Talk about a roller coaster!

So far, Cathie Wood's investment firm has sold around 1.6 million CRCL shares. But don't worry, they're still one of the biggest players in the game, holding onto about 2.8 million shares. They're not out of the race yet!

After this latest sale, Ark Invest didn't waste any time reallocating their cash. They boosted their holdings in Coinbase (COIN) and Robinhood (HOOD). They snagged 4,198 COIN shares worth $1.3 million and 319,640 HOOD shares valued at $24.4 million. It's a non-stop action!