Mmastodon BusinessCrypto first seen 2 d ago, last 2 d ago, peak #2

Ark Invest buys Circle shares, trims Bitcoin ETF holdings

Original: Ark Invest buys $5.2M of Circle shares, sells $15.9M of its Bitcoin ETF as Bitcoin pulls back Ark Invest added to its Ci

Cathie Wood's Ark Invest bought $5.2 million of Circle shares while selling $15.9 million of its spot Bitcoin ETF, as Bitcoin traded below $80,000. The move signals a rotation within Ark's crypto exposure, reducing direct Bitcoin holdings during the pullback while increasing its stake in Circle, the issuer of the USDC stablecoin. Investors are watching whether this marks a broader shift in institutional crypto positioning.

Why now: Bitcoin's drop below $80,000 has put institutional trading moves like Ark's under close scrutiny

Ark InvestCircleBitcoinCathie Wood

Open on mastodon →

Evidence

• Ark Invest buys $5.2M of Circle shares, sells $15.9M of its Bitcoin ETF as Bitcoin pulls back Ark Invest added to its Circle holdings while trimming its spot Bitcoin ETF exposure as Bitcoin traded below $80,000. https:// newisty.com/blog/ark-invest-bu… · newisty

API: https://socialmediatrends-api.osmike.com/v1/trends/3927804