#ARKInvestReducedPositionsinCircleandBullish Yep, Cathie Wood's ARK Invest has been actively trimming both *Circle (CLCR)* and *Bullish* in April 2026, even while Circle is still a top holding.
*What ARK sold recently*
*1. Circle (CLCR) - USDC issuer*
- *$44.76M sale* reported 1 day ago
- *$57M sale* during a price surge, also 1 day ago
- This is happening even though Circle is ARK's 3rd-largest holding in ARKK ETF: 5.48% weighting, $334.5M value
- Context: Circle stock tumbled 20% on negative catalysts recently, but ARK also bought $16M and $20.4M in separate moves
*2. Bullish - crypto exchange*
- Sold *41,064 shares* worth *$1.53M* at $37.37
- Bullish stock dropped 5.51% that day 7d9e
*Why is ARK selling?*
Analysts point to 4 main reasons, not necessarily bearishness:
1. *Portfolio rebalancing*: ARK caps any holding at ∼10% of a fund. As Circle surged post-IPO, trimming keeps weightings in line
2. *Profit taking*: Locking in gains after Circle's run from IPO price
3. *Risk management*: Reducing single-stock exposure into strength
4. *Capital allocation*: Freeing cash for other disruptive-innovation bets
ARK has been rebalancing Circle, Bullish, Coinbase, and Robinhood throughout early 2026. Selling ≠ exiting. It's active management based on their 10% rule and evolving research.
*ARK's broader view*
Cathie Wood still frames Circle and Bullish as "bargain buys" representing the future of digital finance. ARK also made a *$20.4M Circle purchase* 2 days ago, signaling a bullish stablecoin outlook tied to USDC's regulatory compliance and institutional use.
*Bottom line*: ARK is taking profits and rebalancing after strong runs, not abandoning the thesis. Circle remains a core ARKK holding, and ARK bought more just days before these sales.
Want me to pull the latest ARKK holdings % for Circle and Bullish?
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