Crypto Stock Rally Losing Steam? Ark Invest Dumps Coinbase and Circle Shares

Ark Invest, the prominent fund led by Cathie Wood, is once again making headlines, this time for cashing out on crypto stocks like Coinbase and Circle. After a strong first half of 2025 for crypto equities, Ark’s latest sell-offs suggest it may be locking in profits as the rally cools. With Coinbase and Circle both posting massive gains in recent months, the timing of these moves also raises an important question: Is the crypto stock boom running out of steam? Ark Invest Cashes Out of Crypto Stocks Amid ongoing volatility in the crypto market, on June 30, 2025, Ark Invest sold approximately $43. 8 million worth of Coinbase stock, following a $12 source: https://beincrypto.com/ark-invest-offloads-coinbase-circle/