The post ARK Invest Pours $13.7M Into Circle (CRCL) Stock, Dumps Robinhood (HOOD) Shares appeared on BitcoinEthereumNews.com.
Key Highlights On July 9, ARK Invest acquired 217,896 shares of Circle Internet Group valued at approximately $13.7M The firm simultaneously offloaded 85,319 Robinhood Markets shares valued at roughly $9.8M Total Circle investments by ARK have exceeded $37M within approximately two months of 2026 Circle stock has plummeted 68% year-over-year while Robinhood has climbed more than 21% Analyst consensus places Circle’s price target at $131.76, suggesting potential 109% gains Cathie Wood’s investment firm ARK Invest acquired 217,896 shares in Circle Internet Group during trading on July 9, allocating approximately $13.7 million to the purchase. During the same session, the investment manager divested 85,319 Robinhood Markets shares, generating around $9.8 million in proceeds. Shares of Circle concluded the trading day at $63.01, representing a 1.65% decline. ARK’s d
The post From Tokenized Stocks to CASHCAT appeared on BitcoinEthereumNews.com.
Robinhood Chain attracted huge trading volumes and new users, but skeptics flagged ownership limitations, bots, and fading meme coin momentum. Robinhood Chain has emerged as one of the crypto sector’s most talked-about topics. New data suggests that the discussions around the project have dominated social media since late Monday. According to Santiment, Robinhood’s early July launch of its Arbitrum-based Layer 2 network has shifted attention beyond its traditional stock trading business toward tokenized real-world assets (RWAs), DeFi, and broader on-chain financial services. Explosive Debut The network is designed to bring together tokenized stocks and ETFs, cryptocurrencies, lending, collateral, and eventually AI-powered trading within Robinhood’s existing retail ecosystem. The major focus of the discussions has been Robinhood’s Stock Tokens, which provide eligible users with economic exposure to stocks a
The post CRCL Stock Outlook: ARK Invest Dismisses OUSD Threat to Circle as Cathie Wood Scoops $13M Shares appeared on BitcoinEthereumNews.com.
Circle (NYSE: CRCL) stock dropped by 1.65% on July 9, to close trading at $63. The drop mirrored the downturn seen with other crypto stocks like MSTR and COIN that also closed lower on July 9 after the broader crypto market dropped. But that drop moved ARK Invest to buy the dip, with the fund manager arguing that Circle’s USDC stablecoin will retain its share in the stablecoin market despite the launch of the OUSD stablecoin on June 30. ARK Invest Buys the CRCL Dip, Reiterates Bullish Outlook Data from the Ark Invest tracker shows that ARK Invest purchased $13.7 million worth of CRCL shares on July 9. The firm purchased 159,404 of these shares through its ARKK ETF, while 40,685 and 18,807 CRCL stock were purchased through the ARKW and ARKF ETFs, respectively. This purchase comes barely two weeks after ARK Invest purchased another $17.8 million w
The post ARK Invest Circle Stock: $37M Bet on Dipped Shares appeared on BitcoinEthereumNews.com.
ARK Invest has been buying Circle Internet Group stock with unusual intensity — and on July 9, the firm added another 217,896 shares of Circle (CRCL) worth approximately $13.7 million, even as the stock slid further from its post-IPO highs. At the same time, ARK sold off 85,319 shares of Robinhood Markets (HOOD), generating around $9.8 million in proceeds. The contrast is deliberate: selling into strength, buying into weakness, all in a single session. Key takeaways ARK Invest bought 217,896 Circle shares for ~$13.7 million on July 9, while selling 85,319 Robinhood shares for ~$9.8 million. ARK has now deployed over $37 million into Circle in roughly eight weeks, including ~$18 million on July 1 and ~$5.5 million in May. Circle’s stock closed at $63.01 on July 9, down 1.65%, and remains well below its post-IPO peak after initially surging nearly 300% from its offering price in 2025. Circle
The post MiCA Effect Is Real: EURC Stablecoin Smashes 4-Year Activity Records Days After Hard Deadline appeared on BitcoinEthereumNews.com.
The MiCA effect has proved real. Just days after the EU’s strict regulatory deadline came into force, Circle’s regulated euro stablecoin EURC recorded an unprecedented surge in on-chain activity, setting all-time highs across key network metrics in its four-year history. According to data from analytics platform Santiment, the daily number of active EURC addresses suddenly jumped to 1,760, while the number of newly created wallets within the ecosystem reached 713 per day. Euro Coin (EURC) daily active addresses and network growth, Source: Sanbase/Santiment The current surge clearly demonstrates that, under strict regulatory deadlines, euro-denominated blockchain liquidity is beginning to play an independent role and rapidly emerging from the shadow of dollar-based trading pairs. ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors
The post Robinhood Chain Bridges Over $70M in Ethereum in First Week appeared on BitcoinEthereumNews.com.
Ethereum News More than $70 million worth of Ether bridged onto Robinhood Chain within its first week of operation, hardening Ethereum (ETH) as the settlement layer for the brokerage’s new tokenized-finance network. On-chain data shows the Arbitrum-based layer-2, which launched on July 1 and uses ETH as its native gas token, drew that liquidity in days as bridged balances climbed roughly seventyfold week-over-week. Because every transaction on the network settles in ETH, sustained adoption channels recurring demand toward the base asset. Analysts tracking the flows describe the chain as a potential new demand sink for the second-largest altcoin, tying Robinhood’s user base directly to Ethereum block space. Total value locked on the network moved past $106 million after large institutional deposits into the Morpho lending protocol, on-chain data indicates. Daily trading volume on au
The post Arbitrum (ARB) Token Soars 19% on Robinhood Chain’s Record-Breaking Trading Volume appeared on BitcoinEthereumNews.com.
Key Highlights The ARB token climbed 19% within a 24-hour period, leading all top 100 digital assets Robinhood’s new blockchain, powered by Arbitrum technology, recorded $568 million in trading activity A revenue-sharing model returns 10% of Robinhood Chain’s net protocol earnings to Arbitrum Memecoin speculation accounted for significant volume, while stablecoin deposits exceeded $260 million Crypto strategist Michaël van de Poppe identified bullish technical signals across ARB trading pairs Arbitrum’s native ARB token experienced a remarkable 19% surge over 24 hours on July 9, claiming the position as the strongest performer within the top 100 cryptocurrency rankings. This upward momentum was fueled by impressive early metrics from Robinhood Chain, which completed its first week of public operation. Arbitrum (ARB) Price Robinhood Chain operates on Arbitrum’
The post Crypto Traders Shift to TradFi as Tokenized Stock Trading Hits $54B appeared on BitcoinEthereumNews.com.
The post Crypto Traders Shift to TradFi as Tokenized Stock Trading Hits $54B appeared first on Coinpedia Fintech News Crypto traders are no longer betting only on Bitcoin and altcoins. Trading volume in tokenized traditional stocks crossed $54 billion in June, with SpaceX alone contributing $36 billion, followed by Strategy, Circle, and Intel New data from CryptoQuant shows that crypto traders are increasingly shifting toward TradFi equities. TradFi Stocks Are Becoming the New Crypto … Source: https://coinpedia.org/news/crypto-traders-shift-to-tradfi-as-tokenized-stock-trading-hits-54b/
