On Monday, Cathie Wood-led Ark Invest made significant trades involving Block Inc. (NYSE:XYZ) and Shopify Inc. (NASDAQ:SHOP).

ARK Invest buys 262,463 Block shares amid Bitcoin focus. Block plans a Bitcoin banking suite to grow BTC use among businesses ...

The recent purchase has broken Ark Invest’s extended bearish streak. In July alone, the investment firm sold 551,834 Block shares, worth $40.3 million today. ARK Invest also sold 415,844 Circle shares ...