Market Recap Style
ARK Invest Offloads $52M in Circle Shares as Stock Nears 400% Post-IPO Gain
Cathie Wood’s ARK Invest took profits on Circle (CRCL) Monday, selling 342,658 shares worth approximately $51.8 million across three of its ETFs. The move comes amid a red-hot rally that’s seen the stablecoin issuer’s stock surge nearly 400% since going public earlier this month.
According to ARK’s daily trade report:
- ARKK sold 196,367 shares
- ARKW sold 92,310
- ARKF sold 53,981
Circle shares closed Monday at $151.06, up 13% on the day and up from a June 5 listing price of $31. The company, known for issuing the USDC stablecoin, has posted gains on nearly every trading day since its IPO.
ARK’s original position totaled $373 million on day one of trading, making this a partial exit in what has become one of 2025’s standout crypto-equity performances.
The firm also trimmed holdings in Coinbase (COIN) and Robinhood (HOOD) in recent sessions, signaling a shift toward locking in gains across its digital asset portfolio.
