{"id":32215,"date":"2025-06-17T09:17:10","date_gmt":"2025-06-17T09:17:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32215"},"modified":"2025-06-17T09:17:10","modified_gmt":"2025-06-17T09:17:10","slug":"ark-invest-offloads-over-50m-in-circle-shares-as-stock-extends-rally","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32215","title":{"rendered":"ARK Invest Offloads Over $50M in Circle Shares as Stock Extends Rally"},"content":{"rendered":"<div>\n<p>Cathie Wood\u2019s ARK Invest trimmed its holdings on its sizable Circle (CRCL) position Monday, selling $51.8 million worth of shares, as the stablecoin issuer\u2019s stock extended its rally.<\/p>\n<p>ARK sold a total of 342,658 shares across three of its actively managed exchange-traded funds (ETFs), according to a daily email. The ARK Innovation ETF (ARKK) offloaded 196,367 shares, ARKW sold 92,310 and ARKF trimmed 53,981. <\/p>\n<p>Circle, the issuer of the USDC stablecoin, rose 13% on the day, closing Monday in New York at $151.06. It has gained every day but two since it listed on June 5. The shares have climbed almost fivefold from their IPO price of $31.<\/p>\n<p>ARK bought $373 million worth of Circle <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/06\/ark-invest-loaded-up-373m-worth-of-circle-shares-on-first-day-of-trading\">on its first day of trading on the NYSE<\/a>.<\/p>\n<p>Wood&#8217;s fund also recently trimmed positions in other crypto-linked firms like Coinbase (COIN) and Robinhood (HOOD).<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cathie Wood\u2019s ARK Invest trimmed its holdings on its sizable Circle (CRCL) position Monday, selling $51.8 million worth of shares, as the stablecoin issuer\u2019s stock extended its rally. ARK sold a total of 342,658 shares across three of its actively managed exchange-traded funds (ETFs), according to a daily email. The ARK Innovation ETF (ARKK) offloaded [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32215","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32215"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32215\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}