Cathie Wood, CEO of ARK Invest, reaffirmed her strong preference for Bitcoin (BTC) over Ethereum (ETH) on the September 28, 2025, episode of “The Master Investor Podcast” with Wilfred Frost, per . She described Bitcoin as the “rules-based global monetary system” and the only Layer 1 blockchain never hacked, emphasizing its unmatched scarcity and security, per . Wood argued that BTC “owns the cryptocurrency space when it comes to pure crypto,” positioning it as digital gold with roles as money, technology, and a new asset class, per . Despite ETH’s importance in DeFi, Wood believes Bitcoin will remain dominant, dismissing predictions like Tom Lee’s that Ethereum could surpass it, per .
While favoring Bitcoin, Wood noted ARK is “warming up” to Ethereum, increasing exposure via shares in BitMine Immersion Technologies, an ETH mining firm, per . This move reflects Ethereum’s role in DeFi, stablecoins, and RWA tokenization, but Wood highlighted challenges like Layer 2 competition eroding ETH fees, per . ARK’s portfolio now holds BitMine to capture ETH growth without direct bets, aligning with Wood’s view that Bitcoin’s monetary primacy eclipses ETH’s utility, per . X posts from @TronWeekly echo this, noting ARK’s BTC focus amid ETH and SOL bets,
Bitcoin’s institutional appeal stems from spot ETF approvals and its $2.2T market cap, making it the ninth-largest asset, per . Wood contrasts this with Ethereum’s $567B cap, praising BTC’s unblemished record while acknowledging ETH’s DeFi leadership, per . ARK Invest’s first BTC bet in 2017 underscores Wood’s long-term conviction, per . Recent ETH ETF outflows ($1.7B last week) highlight caution, while BTC holds steady above $111K, per [post:11]. Tom Lee calls Wood the “GOAT of crypto,” predicting ETH at $10K–$15K by 2025, but Wood maintains BTC’s edge, per .
Wood’s thesis suggests BTC could reach $1.5M by 2030, while ETH faces Layer 2 threats but benefits from staking yields, per . With BTC at $113,234 and ETH at $4,070, monitor ETF flows on SoSoValue, per. Dollar-cost average BTC with stop-losses below $112,000, or add ETH via BitMine for balance, per TradingView. Follow @TheBlock__ on X for updates. ARK’s strategy highlights Bitcoin’s primacy, but ETH’s utility offers complementary growth, per .
