ARK Invest Circle Stock: $37M Bet on Dipped Shares
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