• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Thursday, May 15, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto Bitcoin

Ethereum is more undervalued than Bitcoin says Cathie Wood

by Reshab Agarwal
December 15, 2021
in Bitcoin, Crypto, Ethereum, News
Reading Time: 2 mins read
0
Cathie Wood attributes recent crypto crash to Elon Musk and ESG movement

Cathie Wood, founder of ARK investment management image credits:

TwitterWhatsappLinkedin

Cathie Wood, the CEO of ARK Invest, says that Ethereum is more undervalued than Bitcoin. She has always been a big Bitcoin believer and investor, but I guess this is the first time I am hearing from her about Ethereum being undervalued. Though, we should note that Ethereum and Bitcoin have always been considered rivals. And while some think Bitcoin has an edge being the first crypto, ETH believers think it has an edge being technically advanced. So, let’s see what Cathie has to say about it.

You might also like

89 Million Steam Accounts Allegedly Compromised in Massive Data Breach

iPhone 18 Pro Rumored to Feature Under-Screen Face ID, Redefining Display Design

Sony Faces Tough Choices as U.S. Tariffs Threaten PS5 Pricing and Production

Ethereum is undervalued

In the recent CNBC Squawk Box show, Cathie said that Ethereum is more undervalued than Bitcoin. She said that BTC is the largest crypto in the world and, even though undervalued, it has reached a point where it has a good recognition as a monetary system. And as the price of Ethereum is moving up and its use cases are flourishing, we can expect much better price movement.

Ethereum is more undervalued than Bitcoin says Cathie Wood
Image Source: Nairametrics

With DeFi and several other technologies on its, platform Ethereum is slowly seeing adoption from institutional investors. The boost of NFTs has also been a great reason for its use. While Bitcoin is only seen as a store of value, Ethereum is much more than that. It is a digital asset that has much more utility compared to BTC.

Another clear reason for this is the burning of Ethereum tokens that happens with every transaction. While Bitcoin is fixed in supply, Ethereum, on the other hand, has decreasing circulation. More coins are being burned than are being produced. This makes it immensely powerful, and people fail to realize how big it could be in the future.

Bitcoin

While Cathie Wood said that Ethereum is more undervalued than Bitcoin, she didn’t ignore BTC. Her stance on the asset remains the same, and she is still fixed on the $500k price target. According to Cathie Wood, the kind of adoption and investment from institutional investors could make it possible for Bitcoin to reach there in the next 5 years.


What are your thoughts as Cathie Wood says that Ethereum is more undervalued than Bitcoin? And do you think that Eth could flip BTC in 2022 or during the next bull run? Let us know in the comments below. Also, if you found our content informative, do like and share it with your friends.

Also Read: Bitcoin may slide to $40k after the recent correction to $45.7k

Tags: #Cathie_Wood#UndervaluedEthereum
Tweet54SendShare15
Previous Post

Nike recently bought a virtual shoe company that makes NFTs and sneakers for the metaverse

Next Post

Good Glamm Group acquires MissMalini Entertainment in cash and stock deal

Reshab Agarwal

Reshab is a tech-enthusiast who likes to write about all things crypto. He is a Bitcoin bull and believes in a decentralized future of finance. Follow him on Twitter for more!

Recommended For You

89 Million Steam Accounts Allegedly Compromised in Massive Data Breach

by Harikrishnan A
May 15, 2025
0
89 Million Steam Accounts Allegedly Compromised in Massive Data Breach

Millions of Steam users are being urged to change their passwords and secure their accounts following alarming reports that personal data from 89 million user accounts is up...

Read more

iPhone 18 Pro Rumored to Feature Under-Screen Face ID, Redefining Display Design

by Anochie Esther
May 15, 2025
0
iPhone 18 Pro

As the tech world anticipates the inauguration of the iPhone 17 Pro later this year, whispers about its successorthe iPhone 18 Pro are already beginning to swirl. And...

Read more

Sony Faces Tough Choices as U.S. Tariffs Threaten PS5 Pricing and Production

by Anochie Esther
May 15, 2025
0
PS5

Sony, one of the world’s most recognized names in consumer electronics, is facing a dilemma on how to maintain its grip on the global gaming market amid rising...

Read more
Next Post
Logo of Good Glamm Group acquires MissMalini Entertainment

Good Glamm Group acquires MissMalini Entertainment in cash and stock deal

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?