Ark sold over 600000 shares of Circle stock again on June 20th, earning a net profit of approximately $243 million from the past three sell offs According to Cointelegraph, due to the nearly 250% surge in CRCL stock since its public listing, Cathie Wood's ARK Invest has increased its sell-off of Circle. ARK sold 609175 shares of Circle stock worth $146.2 million from its three funds on Friday, June 20th. This sale comes at a time when the company's stock price rose 20.4% on June 20th, closing at $240.3, up 248% from the opening price of $69 on the New York Stock Exchange on June 5th. The latest sell-off was ARK's third sell-off in the past week, with a total of 1.25 million CRCL shares sold. Based on the daily closing price, the net profit was approximately $243 million. ARK's latest Circle share sale involves the transaction of three ARK funds, including ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Financial Technology Innovation ETF (ARKF). The largest fund, ARKK, sold 490549 shares of CRCL, while ARKW and ARKF sold 75018 and 43608 shares, respectively.