The post ARK Invest Circle Stock: $37M Bet on Dipped Shares appeared on BitcoinEthereumNews.com.
ARK Invest has been buying Circle Internet Group stock with unusual intensity — and on July 9, the firm added another 217,896 shares of Circle (CRCL) worth approximately $13.7 million, even as the stock slid further from its post-IPO highs. At the same time, ARK sold off 85,319 shares of Robinhood Markets (HOOD), generating around $9.8 million in proceeds. The contrast is deliberate: selling into strength, buying into weakness, all in a single session. Key takeaways ARK Invest bought 217,896 Circle shares for ~$13.7 million on July 9, while selling 85,319 Robinhood shares for ~$9.8 million. ARK has now deployed over $37 million into Circle in roughly eight weeks, including ~$18 million on July 1 and ~$5.5 million in May. Circle’s stock closed at $63.01 on July 9, down 1.65%, and remains well below its post-IPO peak after initially surging nearly 300% from its offering price in 2025. Circle
The post Circle Wins Final OCC Approval for National Trust Bank Backing USDC appeared on BitcoinEthereumNews.com.
USDC News Circle Internet Group has secured final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a federally chartered national trust bank, marking one of the most consequential regulatory milestones for USDC, the largest regulated dollar-pegged stablecoin. The new entity, formally named First National Digital Currency Bank, N.A., will operate under the brand Circle National Trust and fall directly under OCC supervision. The company’s official announcement describes the charter as embedding a core piece of its digital-asset infrastructure inside the U.S. banking system. It is the first national trust bank license granted to a major stablecoin issuer, elevating USDC-related operations from a patchwork of state licenses to unified federal oversight. Under the business plan the OCC approved, Circle National Trust will open with a single, na
The post Circle clears final hurdle to establish national trust bank with OCC approval appeared on BitcoinEthereumNews.com.
Circle Internet Group (NYSE: CRCL) has secured final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank. The arrangement, which sent Circle’s CRCL stock up more than 14% in pre-market trading, will bring the USDC issuer under direct federal banking supervision for the first time. Is Circle becoming a bank? The Office of the Comptroller of the Currency (OCC) has given its final approval to Circle (NYSE: CRCL), allowing the company to run a national trust bank carrying the legal name First National Digital Currency Bank, N.A. The regulator first gave a conditional go-ahead in December of 2025. This move brings USDC custody under direct federal supervision for the first time. The new entity will do business as Circle National Trust, according to Circle’s announcement. The bank will only handle custody of digital
The post Circle Wins OCC Approval for National Trust Bank to Strengthen USDC Infrastructure appeared on BitcoinEthereumNews.com.
Key Takeaways Circle won OCC approval for a national trust bank to strengthen USDC infrastructure. Circle National Trust could bring USDC reserve management under federal OCC oversight. Circle plans to expand custody services, reinforcing USDC’s role in regulated finance. Jeremy Allaire Hails OCC Charter as Circle Expands USDC Circle Internet Group has received approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank, marking one of the company’s most important regulatory milestones in the United States. The new entity, First National Digital Currency Bank, will operate as Circle National Trust. It will be supervised directly by the OCC, the federal regulator responsible for national banks and national trust banks. For Circle, the approval brings a key part of its digital asset infrastructure into the U.S. banking sy
The post CRCL Stock Price Gains 7% as Circle Secures OCC Charter for National Trust Bank appeared on BitcoinEthereumNews.com.
Key highlights: The OCC has approved Circle’s application to launch a national trust bank The bank can offer crypto custody services under federal oversight Ripple, BitGo, and Paxos are still waiting for final approval Ark Invest buys 217,896 CRCL stocks Circle has reportedly secured approval from the US Office of the Comptroller of the Currency (OCC) to establish the Circle National Trust. The development marks a major milestone in the company’s expansion of its USDC stablecoin business, and has resulted in CRCL stock gaining roughly 7%. With this approval, Circle has become one of the first crypto companies to get a regulatory nod from the OCC to launch a chartered bank. Other major players, including Ripple, are still waiting for the final approval to become a federally regulated trust bank. Circle gets OCC nod to launch National Trust Bank Circle, the iss
Circle has received approval from the OCC to establish Circle National Trust, a federally regulated national trust bank. The charter strengthens the infrastructure behind USDC and could eventually bring management of the stablecoin’s reserve under direct federal oversight. Jeremy Allaire Hails OCC Charter as Circle Expands USDC Circle Internet Group has received approval from the […]
The post Circle Stock Climbs 15% in Pre-Market After Final OCC Approval appeared on BitcoinEthereumNews.com.
Circle stock climbed nearly 15% in pre-market trading Friday after Circle Internet Group (NYSE: CRCL) won final approval to open a federally regulated national trust bank. The gain reversed a sharp recent selloff. The jump followed a rough stretch for CRCL. Shares had swung from a 52-week high near $263 to near $63 as a new stablecoin rival emerged. Circle (CRC) Stock Performance. Source: Yahoo Finance Why Circle Stock Climbed on the OCC Approval The Office of the Comptroller of the Currency (OCC) cleared Circle to open Circle National Trust, a national trust bank. The decision moves Circle beyond the conditional approval it won in December 2025. Just in – @circle received final OCC approval to establish a National Trust Bank 🇺🇸 Circle received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank, N.A., a nati
The post CRCL Stock Outlook: ARK Invest Dismisses OUSD Threat to Circle as Cathie Wood Scoops $13M Shares appeared on BitcoinEthereumNews.com.
Circle (NYSE: CRCL) stock dropped by 1.65% on July 9, to close trading at $63. The drop mirrored the downturn seen with other crypto stocks like MSTR and COIN that also closed lower on July 9 after the broader crypto market dropped. But that drop moved ARK Invest to buy the dip, with the fund manager arguing that Circle’s USDC stablecoin will retain its share in the stablecoin market despite the launch of the OUSD stablecoin on June 30. ARK Invest Buys the CRCL Dip, Reiterates Bullish Outlook Data from the Ark Invest tracker shows that ARK Invest purchased $13.7 million worth of CRCL shares on July 9. The firm purchased 159,404 of these shares through its ARKK ETF, while 40,685 and 18,807 CRCL stock were purchased through the ARKW and ARKF ETFs, respectively. This purchase comes barely two weeks after ARK Invest purchased another $17.8 million w
The post ARK Invest Pours $13.7M Into Circle (CRCL) Stock, Dumps Robinhood (HOOD) Shares appeared on BitcoinEthereumNews.com.
Key Highlights On July 9, ARK Invest acquired 217,896 shares of Circle Internet Group valued at approximately $13.7M The firm simultaneously offloaded 85,319 Robinhood Markets shares valued at roughly $9.8M Total Circle investments by ARK have exceeded $37M within approximately two months of 2026 Circle stock has plummeted 68% year-over-year while Robinhood has climbed more than 21% Analyst consensus places Circle’s price target at $131.76, suggesting potential 109% gains Cathie Wood’s investment firm ARK Invest acquired 217,896 shares in Circle Internet Group during trading on July 9, allocating approximately $13.7 million to the purchase. During the same session, the investment manager divested 85,319 Robinhood Markets shares, generating around $9.8 million in proceeds. Shares of Circle concluded the trading day at $63.01, representing a 1.65% decline. ARK’s d
