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Cathie Woods Fund Buys $110 Million Coinbase Shares, Adding To Positions Cathie Woods Fund Buys $110 Million Coinbase Shares, Adding To Positions Coinbase shares were up 11 per cent in U.S. premarket trading on Thursday, after having risen 52 per cent on their debut on Nasdaq, giving it a market capitalisation of close to $100 billion ARK Innovation fund saw assets under management rise from $1.86 billion at end of 2019 Cathie Wood s Ark funds bought $246 million worth of Coinbase shares on the cryptocurrency exchange s Nasdaq debut on Wednesday and sold some Tesla shares, according to their daily fund trading summary. A chunky $168 million of Coinbase shares were added to its flagship ARK Innovation fund, and the remainder went into its next generation and fintech innovation funds. Notably, one of Wood s funds sold a $4.4 million stake in New York Stock Exchange owner Intercontinental Exchange. ....