The post Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12% appeared on BitcoinEthereumNews.com. Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%. Cathie Wood’s investment management firm added a total 353,328 CRCL shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF). Ark frequently snaps up large amounts of company shares when the price appears to be temporarily depressed. CRCL slid to $86.30, the lowest close since June 5, after its steepest single-day drop since a 16% fall on June 27. The fall in Circle’s share price coincided with the USDC issuer reporting third-quarter net income of $214 million, triple the figure of the same quarter last year. While earnings per share (EPS) of 64 cents beat analysts estimates, concern over a U.S. interest-rate cut next month weighed on the stock. Lower rates reduce returns on the instruments the company holds to back the dollar-pegged token. Source: https://www.coindesk.com/markets/2025/11/13/ark-invest-buys-usd30-5m-circle-shares-as-stock-falls-12The post Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12% appeared on BitcoinEthereumNews.com. Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%. Cathie Wood’s investment management firm added a total 353,328 CRCL shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF). Ark frequently snaps up large amounts of company shares when the price appears to be temporarily depressed. CRCL slid to $86.30, the lowest close since June 5, after its steepest single-day drop since a 16% fall on June 27. The fall in Circle’s share price coincided with the USDC issuer reporting third-quarter net income of $214 million, triple the figure of the same quarter last year. While earnings per share (EPS) of 64 cents beat analysts estimates, concern over a U.S. interest-rate cut next month weighed on the stock. Lower rates reduce returns on the instruments the company holds to back the dollar-pegged token. Source: https://www.coindesk.com/markets/2025/11/13/ark-invest-buys-usd30-5m-circle-shares-as-stock-falls-12

Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12%

Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%.

Cathie Wood’s investment management firm added a total 353,328 CRCL shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF).

Ark frequently snaps up large amounts of company shares when the price appears to be temporarily depressed. CRCL slid to $86.30, the lowest close since June 5, after its steepest single-day drop since a 16% fall on June 27.

The fall in Circle’s share price coincided with the USDC issuer reporting third-quarter net income of $214 million, triple the figure of the same quarter last year. While earnings per share (EPS) of 64 cents beat analysts estimates, concern over a U.S. interest-rate cut next month weighed on the stock. Lower rates reduce returns on the instruments the company holds to back the dollar-pegged token.

Source: https://www.coindesk.com/markets/2025/11/13/ark-invest-buys-usd30-5m-circle-shares-as-stock-falls-12

Market Opportunity
ARK Logo
ARK Price(ARK)
$0.2883
$0.2883$0.2883
-3.31%
USD
ARK (ARK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.