Crypto news report · source clearly identified
Ark Invest Reduces Stakes in Circle and Coinbase Amid Crypto Stock Rally
Ark Invest, led by Cathie Wood, sold roughly $14 million of Circle shares and cut its position in Coinbase as crypto‑related equities gained momentum.
Ark Invest, the investment firm headed by Cathie Wood, adjusted its crypto‑stock portfolio during a period of rising crypto equities.
Sale of Circle Shares
The firm disposed of approximately $14 million worth of Circle stock, marking a notable reduction in its exposure to the payments platform.
Trimmed Position in Coinbase
In addition to the Circle sale, Ark Invest also lowered its holding in Coinbase, though the exact size of the trim was not disclosed.
Ongoing Portfolio Management
Ark Invest regularly adds to and trims its crypto‑related holdings throughout the year, reflecting a dynamic approach to the sector.
Source & attribution
News Source
- Publisher
- The Block
- Original date
- September 15, 2026, 9:32 AM
- Original headline
- Ark Invest sells $14 million in Circle, trims Coinbase as crypto stocks rally