Ark Invest Buys More Circle Shares and Trims Its Own Bitcoin ETF as BTC Stays Under $80,000

Cathie Wood’s firm picked up another 65,615 Circle shares on Monday, a purchase worth about $5.2 million, and placed them in its Next Generation Internet fund, ARKW. At the same time, it sold roughly $15.9 million of its own spot Bitcoin ETF from two of its funds. The moves arrive while Bitcoin keeps sliding away from its early October peak.

Why Ark Keeps Rebalancing Its Funds

The firm does not let any single holding grow beyond 10% of a fund, so it adjusts weights whenever prices shift sharply. Circle now ranks as the fifth largest position in ARKW at 4.4%, valued near $67.8 million, behind Tesla, Meta, Shopify and Amazon. Circle stock fell 7.1% on Monday to $79.84 and is down 1.1% in early Tuesday trading.

Bitcoin Price Today and Options Market Signals

Bitcoin traded near $79,650 on Tuesday, about 8.8% below its October high near $87,200, with the Federal Reserve decision due Wednesday. Btc at $80,000 is now the busiest options strike, with puts making up 91% of roughly $32 million traded there over the past week.