
Ark Invest expanded its position in Circle, adding over 277,000 shares worth $10.18 million, reflecting continued institutional confidence amid recent market volatility.
Cathie Wood’s Ark Invest purchased an additional 277,063 shares of Circle Internet (CRCL) valued at $10.18 million on November 17 via its ARKK, ARKW, and ARKF ETFs, according to Ark Invest Tracker. This supplements the earlier acquisition of 353,328 CRCL shares worth $30.5 million on November 13, bringing the total to 630,391 shares valued at approximately $40.68 million. The buys come amid CRCL’s sharp price drop following earnings, suggesting Ark Invest is leveraging market weakness to increase its holdings in the stablecoin issuer.