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ARK Invest Cashes Out: Cathie Wood’s Fund Banks $243M on Circle Shares in Strategic Exit
ARK Invest Cashes Out: Cathie Wood’s Fund Banks $243M on Circle Shares in Strategic Exit
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ARK Invest just made another power move—liquidating its third major stake in Circle at peak valuation. Cathie Wood’s team pockets a cool $243 million profit, proving even crypto bulls know when to take money off the table.
Timing the market or timing the regulators? With stablecoins under scrutiny, ARK’s exit looks suspiciously like a hedge against policymakers finally doing their jobs. Either way, the fund’s discipline here outperforms most meme-stock traders.
One thing’s clear: in crypto, the real gains go to those who sell before the SEC starts asking questions.
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