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Author Message   Entrepreneur Kurra Bewarse Username: Entrepreneur Post Number: 3465 Registered: 05-2011 Rating: N/A Votes: 0 Posted on Thursday, April 15, 2021 - 9:27 am:    Cathy Wood - Super Timing- SOLD TSLA to GET $246 MILLION in COIN 1.ARK Invest bought cryptocurrency exchange Coinbase COIN, +31.31%, which went public on Wednesday, for three of the ARK exchange-traded funds, including the flagship ARK Innovation ETF ARKK, -2.11%. 2. ARK Invest bought Coinbase stock valued at $246 million for the ARK Innovation ETF, ARK Next Generation Internet ETF ARKW, -2.99% and ARK Fintech Innovation ETF ARKF, -2.66%. 3.ARK Invest CEO Cathie Wood spoke of Coinbase's potential, as well as volatility, in an interview with Bloomberg BNN on Wednesday. 4.To make room, ARK sold $178 million shares of Tesla TSLA, -3.95% on Wednesday, though the electric vehicle maker is still the top holding of the ARK Innovation ETF and the ARK Next Generation Internet ETF.