Jack Dorsey’s Bitcoin-friendly financial services firm Block saw its stock rally 13% in October, coming in line with bullish market action.
Cryptocurrency-friendly asset manager ARK Invest has cashed out shares of Jack Dorsey’s financial services firm Block amid a surge in crypto markets.
ARK offloaded 418,556 Block shares from two funds on Oct. 28, the firm said in a trade notification on Tuesday, Oct. 29.
The trade included 272,842 Block shares offloaded from the ARK Innovation ETF and 145,714 Block shares sold by the ARK Next Generation Internet ETF.
