Cathie Wood Says Bitcoin 'Owns The Cryptocurrency Space' — Here Is Why The Ark CEO Differs With Tom Lee On Ethereum - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial

Core Viewpoint - Cathie Wood, a veteran investor and cryptocurrency advocate, asserts that Bitcoin is the "pure cryptocurrency" and will maintain a significant advantage over Ethereum [1][2]. Group 1: Bitcoin's Position - Wood emphasizes that Bitcoin is the "biggest" cryptocurrency and dominates the cryptocurrency space due to its rules-based monetary system and capped supply of 21 million [2][3]. - She highlights Bitcoin's status as a layer one blockchain technology that has never been hacked, contrasting it with other blockchains [3]. Group 2: Ethereum's Role and Competition - While acknowledging Ethereum's importance in decentralized finance, Wood notes that it faces increasing competition from Layer-2 blockchains that collect substantial fees [4]. - Tom Lee, a Wall Street analyst, presents a bullish case for Ethereum, predicting a potential value of $62,000 per token, but Wood disagrees with his perspective [5]. Group 3: Ark Invest's Involvement - Ark Invest, led by Wood, has made significant investments in Bitmine, holding shares worth $321.65 million across various ETFs [6]. - Bitmine shares closed 1.88% higher at $50.50, indicating strong market momentum [7].