📉 ARK Invest Sells $110M Worth of Circle Shares
On June 23, Cathie Wood’s ARK Invest sold 415,844 shares of Circle, worth ~$110 million at the day’s close ($263.45/share):
🟠 ARKK: -306,921 shares
🟢 ARKW: -72,302 shares
🔵 ARKF: -36,621 shares
💬 Commentary:
Despite Circle’s push toward IPO and USDC dominance, ARK’s major sell-off may signal caution on crypto equities or doubts about Circle’s valuation amid macro uncertainty.
#ARKInvest #CathieWood #Circle
