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Cathie Wood: Ethereum Can't Surpass Bitcoin ?Cathie Wood, founder and CEO of Ark Invest, stated in an interview with the Savvy Finance channel on September 29 that Bitcoin holds a central position in the pure cryptocurrency space. Cathie Wood argues that while Ethereum plays a key role in the DeFi ecosystem, most fees related to its native token Ether flow to Layer 2. Although competition among Layer 2 solutions may enhance the importance of Ethereum itself as a Layer 1, whether Ethereum can surpass Bitcoin ...