Ark Invest Bought $16 Million Of Circle Stock As It Plunged

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CryptoProwl

Wed, March 25, 2026 astatine 8:37 AM CDT 1 min read

Ark Invest Bought $16 Million Of Circle Stock As It Plunged

Ark Invest bought the dip successful the banal of stablecoin issuer Circle Internet Group (NYSE: $CRCL).

Asset manager Ark Invest, which is led by capitalist Cathie Wood, purchased $16 cardinal U.S. worthy of Circle banal arsenic the terms plunged 20% connected March 24.

Ark Invest aggressively added CRCL banal crossed its exchange-traded funds (ETFs) arsenic the issuer of the USDC stablecoin saw its stock terms whacked by antagonistic sentiment.

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Regulatory filings amusement that Ark bought 161,513 shares of Circle banal via its ARKK, ARKW, and ARKF ETFs. In all, Ark Invest spent $16.34 cardinal U.S. buying further shares of CRCL.

Circle's banal plunged 20% connected reports that the latest draught of the U.S. Clarity Act restricts output payments connected stablecoins specified arsenic Circle’s USDC (CRYPTO: $USDC).

At the aforesaid time, Circle's main rival Tether announced that it is moving guardant with its archetypal fiscal audit aft hiring a Big Four accounting firm.

That determination could harm Circle's presumption arsenic the transparent and compliant alternate to Tether’s USDT (CRYPTO: $USDT) stablecoin, further hurting CRCL stock.

The diminution doesn’t look to person dissuaded Ark Invest, which has been rebalancing its vulnerability to Circle and different crypto-related stocks successful caller months.

Circle is present the third-largest holding successful Ark Invest’s flagship ARKK ETF, with a 5.48% weighting valued astatine $334.5 cardinal U.S.

CRCL banal has risen 21% truthful acold successful 2026 to commercialized astatine $101.17 U.S. per share.

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