Why Cathie Wood’s Big Bet on Circle’s IPO Has Everyone Talking?

Cathie Wood’s ARK Invest, known for bold tech bets, is set to purchase up to $150 million of these shares, signaling her strong belief that "crypto is the future" and marking a pivotal moment for the crypto industry.

On June 5, 2025, Circle Internet Group, the company behind the popular USDC stablecoin, officially went public on the New York Stock Exchange under the ticker “CRCL.” Expectations were already high, but Circle surprised everyone by pricing its IPO at $31 per share, above the expected range of $27 to $28. That gave the company … Read more