BitMEX’s former CEO, Arthur Hayes, recently made headlines with his trading and predictions. In a recent interview with Real Vision CEO Raoul Pal, Hayes expressed his belief that Dogecoin (DOGE) is poised for an ETF approval following the successful approval of Bitcoin and Ethereum ETFs by regulators. He emphasized the increasing popularity of Dogecoin and the growing interest from institutional investors in the cryptocurrency market.
Hayes highlighted the significant role that Dogecoin and other cryptocurrencies play in the US elections, noting that meme coins like DOGE have a promising future ahead. With the Federal Reserve and the US Treasury continuing to print more money, Hayes predicted that the cryptocurrency market will become even more volatile and appealing to investors.
Both Hayes and Pal disclosed that memecoins such as Dogecoin, BONK, and Dogwifhat are part of their investment portfolios. Hayes also made a bold prediction that Aptos (APT), currently ranked 27th by market cap, will surpass Solana (SOL) in the next 1 to 3 years.
While acknowledging that this is not investment advice, Hayes and Pal expressed their optimism that Dogecoin will receive approval for a US ETF by the end of the current bull market cycle. They emphasized the potential for Dogecoin to attract more traditional finance participants as ETFs become more prevalent in the cryptocurrency market.
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