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Cathie Wood: Ethereum cannot surpass Bitcoin, disagrees with Tom Lee's view
2025-09-28 02:58

Odaily Planet Daily News: Cathie Wood, founder and CEO of Ark Invest, said in an interview with "The Master Investor" podcast that she firmly believes that Bitcoin will become the largest cryptocurrency to date. She also shared her friendly disagreement with Fundstrat's Tom Lee, explaining why she believes that Ethereum cannot surpass Bitcoin, despite her growing interest in Ethereum and recent purchases of BitMine shares. Wood said that she prefers Bitcoin to Ethereum because Bitcoin will continue to expand in scale; it is a global currency system based on rules, and as Layer 1 that has never been hacked, it is also the first platform to create a new asset class. In contrast, although Ethereum supports DeFi, it is facing fierce competition from Layer 2.