๐จ $ARK Sells $96.5M in Circle Shares
Cathie Woodโs ARK Invest sold ~642K CRCL shares over June 17โ18, cashing out ~$96.5M just days after Circleโs NYSE debut.
June 17: Sold 342K shares (~$51.7M)
June 18: Sold 300K shares (~$44.7M)
๐ผ CRCL had surged up to $165 โ a 240%+ IPO gain.
๐ ARK trimmed ~14% of its 4.49M stake but Circle remains a top-10 holding in ARKK, ARKW, and ARKF.
Strategic profit-taking, not a full exit.