Cathie Wood's move is quite interesting: buying the dip on Circle while reducing her position in Robinhood. Is she betting on the return of the stablecoin narrative or just adjusting her portfolio?

CRCL0.33%
HOOD-6.57%
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CoinNetwork
CoinWorld News, as reported by The Block, Cathie Wood's Ark Invest bought 217,896 shares of Circle stock on Thursday, worth about $13.7 million, with CRCL down 1.65% to $63.01 that day. Meanwhile, Ark Invest sold 85,319 shares of Robinhood stock, worth about $9.8 million, with HOOD up 1.39% to $115.11 that day.
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