Cathie Wood’s Ark Invest Cashes Out Circle Gains Amid Stablecoin Bill Buzz

Cathie Wood’s Ark Invest has sold off $109.6 million worth of Circle (CRCL) shares, capitalizing on the stablecoin issuer’s continued stock surge following its highly anticipated IPO earlier this month. According to the firm’s latest trade filing, 415,844 shares of Circle were offloaded across three of Ark’s ETFs on Monday: ARK Innovation ETF (ARKK): 306,921 […]