Cathie Wood rotating out of $BTC exposure into Circle equity 👀
ARK dumped $15.9M of their own $ARKB ETF while scooping another $5.2M in Circle shares
Still holding $ARKB as top-10 in both ARKW and ARKF, but the pivot is clear
Reading between the lines: betting on stablecoin infrastructure > direct BTC exposure right now. Circle = USDC rails = regulatory moat if framework passes
Not bearish on corn, just repositioning for the next narrative cycle
ARK dumped $15.9M of their own $ARKB ETF while scooping another $5.2M in Circle shares
Still holding $ARKB as top-10 in both ARKW and ARKF, but the pivot is clear
Reading between the lines: betting on stablecoin infrastructure > direct BTC exposure right now. Circle = USDC rails = regulatory moat if framework passes
Not bearish on corn, just repositioning for the next narrative cycle