Cathie Wood dumps Tesla for Coinbase

Cathie Wood’s ARK Investment has bought shares of new listing Coinbase.

The firm bought 749,205 shares through three ETFs.

The firm also sold 243,115 shares of Tesla through 2 funds, among other trades.

The daily trades are not comprehensive lists of a day’s trades for the ARK ETFs and exclude initial/secondary public offering transactions and ETF Creation/Redemption Unit activity.

Cathie Wood is famous for her bullish call on Tesla and is regarded as having the hottest hand on Wall Street.