Cathie Wood, CEO of Ark Invest, expressed skepticism about Ethereum's ability to surpass Bitcoin in a recent interview with Savvy Finance. Wood highlighted Bitcoin's central role in the cryptocurrency space, while acknowledging Ethereum's significant position in the DeFi ecosystem. She noted that while Ethereum's native token, Ether, sees much of its transaction fees directed towards Layer 2 solutions, this competition might enhance Ethereum's importance as a Layer 1 network. However, Wood remains unconvinced that Ethereum can overtake Bitcoin, reflecting a key division in industry opinions.