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ARK snaps up $246 million price of Coinbase in market debut 

ARK Make investments purchased cryptocurrency trade Coinbase
which went public on Wednesday, for 3 of the ARK exchange-traded funds, together with the flagship ARK Innovation ETF
ARK Make investments purchased Coinbase inventory valued at $246 million for the ARK Innovation ETF, ARK Subsequent Technology Web ETF

and ARK Fintech Innovation ETF
ARK Make investments CEO Cathie Wooden spoke of Coinbase’s potential, in addition to volatility, in an interview with Bloomberg BNN on Wednesday. To make room, ARK bought $178 million shares of Tesla

on Wednesday, although the electrical car maker continues to be the highest holding of the ARK Innovation ETF and the ARK Subsequent Technology Web ETF.

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