Cathie Wood: Can Ethereum surpass Bitcoin? In an interview with Savvy Finance on September 29, Ark Invest founder and CEO Cathie Wood stated that Bitcoin occupies a central position in the pure cryptocurrency space. Regarding the recent industry debate on whether Ethereum can surpass Bitcoin, Cathie Wood believes that while Ethereum plays a key role in the DeFi ecosystem, the associated fees of its native token, Ether, largely flow to Layer 2. Although competition from Layer 2 may enhance Ethereum's importance as Layer 1, whether Ethereum can surpass Bitcoin in this competitive landscape remains a significant point of divergence between the two views. Video source: