Ark Invest purchases $17.3 million in Circle stock and $19.7 million in SpaceX stock

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Ark Invest, led by Cathie Wood, purchased $17.3 million in Circle Internet Financial shares and $19.7 million in SpaceX stock on Wednesday, according to on-chain news. Circle’s stock rose 0.05% to $63.28, while SpaceX’s fell 13.61% to $108.27. The move occurs within the broader context of crypto news, as Ark continues to rebalance its portfolio across both crypto and traditional markets.

According to The Block, Cathie Wood’s Ark Invest purchased approximately $17.3 million in Circle Internet Group shares and about $19.7 million in SpaceX shares on Wednesday. Circle’s stock rose slightly by 0.05% to $63.28 on the day, while SpaceX fell 13.61% to $108.27.

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