PANews July 11 news, according to The Block, Cathie Wood's Ark Invest reduced its holdings of Coinbase stock worth $6.5 million and Robinhood stock worth $5.8 million on July 10. This reduction comes as the cryptocurrency market is rising, with Bitcoin reaching a historic high of $118,000 today. Additionally, the fund sold 24,780 shares of Block Inc., valued at approximately $1.7 million based on the stock's closing price.