Ark Invest Sold $6.5 Million of One Exchange’s Stock and $5.8 Million of Another Exchange’s Stock Yesterday

Odaily Planet Daily reported that Cathie Wood’s Ark Invest reduced its holdings on July 10 by selling $6.5 million worth of a certain exchange’s shares and $5.8 million worth of Robinhood shares. This reduction coincided with a rally in the cryptocurrency market, as Bitcoin reached a new all-time high of $118,000 today. In addition, the fund also sold 24,780 shares of Block, valued at approximately $1.7 million based on the closing price. (The Block)