ARK Invest Cashes In Early as Circle’s IPO Soars to Stratospheric Heights
ARK Invest just played the ultimate profit-taking move—selling Circle shares at peak hype. Who says crypto VCs don’t know when to exit?
The Quick Flip Playbook
Cathie Wood’s fund dumped a chunk of its Circle position post-IPO, proving even blockchain bulls love a good old-fashioned pump-and-dump. The stablecoin giant’s public debut sent valuations into orbit—and ARK wasn’t about to ride the inevitable correction back to Earth.
Institutional Timing 101
While retail investors FOMO into Circle’s post-listing volatility, the pros already banked their gains. Classic Wall Street tactics, now with extra blockchain flavor. Remember: in crypto, the early bird gets the Lambo—the latecomers get the whitepaper.
ARK analysts argue that Wall Street’s appetite for Circle underscores a shift: investors now treat stablecoins as plumbing for global finance, not fringe crypto toys. That narrative dovetails with Wood’s bolder thesis—she still targets $1.5 million for Bitcoin by 2030 as institutions chase digital scarcity while embracing lower-volatility rails like USD-backed tokens.
By shaving a slender slice of Circle while retaining an outsized core, ARK signals confidence in that stablecoin story—just with a trader’s instinct to pocket gains when a new listing runs hot.
