Published 2026-09-10 · Theo Ledger
Bitcoin gets the headlines. But ARK's second-largest digital asset position is a company that makes money when nothing moves in price at all.
ARK holds 5,419,335 shares of Circle Internet Group (CRCL), worth $510.7 million , spread across three funds:
In ARKK that makes Circle the fourth-largest holding, behind only Tesla, Tempus AI and SpaceX. Alongside it, ARK's aggregate Bitcoin exposure has grown from $2,428.9 million to $2,838.9 million over the last 90 days — an increase of $410 million.
Taken together, digital assets are one of the largest thematic blocks anywhere in ARK's book.
In this post
- The position
- Circle is a different kind of crypto bet
- Why it sits in three funds
- What could go wrong
- What to watch