On Tuesday, February 3, 2026, Cathie Wood's Ark Invest purchased 42,878 shares of Circle Internet Group Inc. (CRCL). The acquisition was valued at approximately $2.4 million.
Ark used the ARK Innovation ETF (ARKK) and ARK Blockchain & Fintech Innovation ETF (ARKF) for the purchase. The investment occurred as Circle's stock fell 4.59%.
This purchase took place during significant cryptocurrency market volatility, described as a state of "extreme fear." Bitcoin's price fell below $73,000. Bitcoin and Ether both saw 24-hour drops of 3%.
Circle's stock decline was consistent with the broader slump affecting crypto-related companies. Ark Invest's move to buy shares during this downturn indicates a bullish stance on the company's long-term prospects.