India  

Cathie Wood Drops $373 Million On Circle's 168% Rally, Dumps Coinbase And Crypto Holdings — Is Ark Ditching Bitcoin for Stablecoins?

Upworthy Friday, 6 June 2025 ()
Cathie Wood's Ark Invest made a blockbuster purchase of Circle Internet Group (NYSE:CRCL) shares on Thursday, marking a significant move in the evolving digital assets landscape. The bold acquisition came as Ark simultaneously reshuffled its cryptocurrency stock portfolio, reducing exposure to…
0
shares
ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

Ark Invest buys $373M of Circle shares on debut; trims holdings in Coinbase, Robinhood and own Bitcoin ETF to make room

The Cathie Wood-led investment firm bought 4,486,560 Circle shares for its Innovation, Next Generation Internet, and Fintech Innovation funds.
Upworthy