Cathie Wood of Ark Invest Bought Coinbase Stock Worth $3.2 Million

Ark Invest still believes that cryptocurrency is going to change monetary system and creating new ocean for economic system. It bought $3.2 million worth of Coinbase stock. Making Ark Innovation ETF holds 5.8 million shares in Coinbase stock.

Coinbase stocks were invested into 3 funds including Ark Innovation ETF (ARKK), Ark Next Generation Internet ETF (ARKW), and Ark Fintech Innovation ETF (ARKF).

Top 10 ARKK Holdings

1. Zoom Video Communications 9.13% ($651 million)

2. Exact Science Corps 7.33% ($522 million)

3. Tesla Inc 7.09% ($505 million)

4. Roku Inc 6.80% ($458 million)

5. Block Inc 6.21% ($442 million)

6. Unipath Inc – Class A 5.16% ($367 million)

7. Shopify Inc – Class A 4.17% ($335 million)

8. Teledoc Health Inc – 4.64% ($330 million)

9. Crispr Therapeutics – 4.06% ($289 million)

10. Beam Therapeutics Inc – 4.03% ($287 million)

Coinbase is the 16^th largest holding.