RT ARK Funds (@ARK_Funds)Digital wallets, bitcoin, smart contracts—the ARK Fintech Innovation ETF invests in the tools rebuilding financial infrastructure. Our Associate Portfolio Manager shares how it's positioned for this digital reset.Read our introduction to ARKF.Holdings: https://t.co/TvG7p2ObMY ...

Group 1 - Cathie Wood's ARK Investment Management sold approximately 1.5 million shares of Circle stock, realizing over $333 million in cash [1][3] - The sale is viewed as a normal profit-taking operation after a significant increase in Circle's stock price, which rose nearly 750% since its listing [1][3] - ARK remains the eighth largest shareholder of Circle despite the recent sell-off [3] Group 2 - Analysts express skepticism about the long-term viability of stablecoins as a payment method in the U.S., citing the convenience and rewards of existing card-based systems [5] - Circle's stock price surge has led to a high valuation, with a price-to-earnings ratio nearing 180, significantly above the S&P 500's forward P/E ratio of about 22 [5][6] - Concerns are raised about Circle's low free float of 25%, which could lead to increased stock price volatility and downward pressure if market sentiment shifts [6]

Group 1 - The ARK Innovation ETF (ARKK) has reached a 52-week high, increasing by 89.28% from its 52-week low price of $36.85 per share [1] - ARKK is an actively managed ETF that primarily invests at least 65% of its assets in equity securities of companies related to disruptive innovation [2] - Recent performance of ARK ETFs, including ARKK, ARKW, and ARKF, saw a surge of about 8%, with standout holdings being Coinbase, Tesla, and Roblox [3] Group 2 - The near-term outlook for ARKK appears positive, indicated by a weighted alpha of 62.37, suggesting potential for further gains [4]