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Ark Invest buys $13.7 million of Circle shares, sells $9.8 million of Robinhood

Ark Invest buys $13.7 million of Circle shares, sells $9.8 million of Robinhood

Cathie Wood's firm purchased 217,896 Circle shares on Thursday as CRCL fell 1.65% to $63.01, while trimming Robinhood by 85,319 shares as HOOD rose 1.39% to $115.11.

Fact Check
The Block's detailed report confirms every specific figure in the claim: 217,896 Circle shares worth ~$13.7M at $63.01 (down 1.65%), and 85,319 Robinhood shares sold for $9.8M at $115.11. Crypto Briefing and The Block's X post corroborate the same core numbers. Multiple independent reports align precisely with the claim.
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Summary

Ark Invest bought 217,896 shares of Circle on Thursday worth about $13.7 million, adding to its position as CRCL fell 1.65% to $63.01. The Cathie Wood-led investment firm also sold 85,319 Robinhood shares worth about $9.8 million, even as HOOD rose 1.39% to $115.11. The trades, reported by The Block, show Ark increasing exposure to Circle while reducing its Robinhood stake during the same session.

Terms & Concepts
  • Circle: A financial technology company behind USDC.